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Stifel Nicolaus Issues Pessimistic Forecast for Parsons (NYSE:PSN) Stock Price
['Kim Johansen']
Markets Daily
Parsons (NYSE:PSN – Get Free Report) had its price objective decreased by stock analysts at Stifel Nicolaus from $79.00 to $66.00 in a research report issued on Thursday,Benzinga reports.
Stifel Nicolaus’ target price suggests a potential upside of 54.03% from the stock’s previous close.
Finally, Robert W. Baird reiterated a “neutral” rating and set a $60.00 price target on shares of Parsons in a report on Monday, April 13th.
Get Parsons alerts:Get Our Latest Stock Analysis on ParsonsParsons Price PerformancePSN traded up $2.53 on Thursday, reaching $42.85.
Barclays Price Target UpdateBarclays lowered its PSN price target from $70 to $60 but maintained an “overweight” rating.