The Latest Breaking News from Booz Allen

Booz Allen Hamilton, spearheading military modernization and other government AI efforts, comfortably beat earnings forecasts on Friday. BAH stock is in a buy zone.

Amid the burgeoning cybersecurity market, here's one IT security company for investors seeking reliable passive income.

Booz Allen Hamilton Holding Corp's (NYSE:BAH) price target has been lowered to $103 (an upside of 26%) from $109 by Cowen analyst Cai von Rumohr. The analyst maintained the Outperform ratings on the shares. Rumohr believes BAH is a pure-play defense IT leader positioned for the sector's fastest organic growth in 2023. Also Read: Booz Allen…

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has secured the National Aeronautics and Space Administration (NASA) Cybersecurity and Privacy Enterprise Solutions and Services (CyPrESS) contract. It is a hybrid IDIQ single-award contract with a total potential value of $622.5 million to provide a complete range of cybersecurity and privacy enterprise solutions and services…

Booz Allen Hamilton Holding Corp (NYSE:BAH) has agreed to acquire EverWatch, a provider of advanced solutions to the defense and intelligence communities. Deal terms were not disclosed. Reston, Virginia-based EverWatch, a portfolio company of Enlightenment Capital, builds and operates mission-critical classified platforms to defend against increasingly sophisticated national cyber threats. Following the…

Raymond James analyst Brian Gesuale upgraded Booz Allen Hamilton Holding Corp (NYSE:BAH) to Outperform from Market Perform with a price target of $90, implying an upside of 19%. Gesuale says this is the most appealing time to own the group since the Trump administration was in office and sees increasing geopolitical instability, multiple stability,…

Barclays analyst Colin Canfield upgraded Booz Allen Hamilton Holding Corp (NYSE:BAH) to Overweight from Equal Weight and raised the price target to $105 (an upside of 23%), from $90. The analyst views government services as "attractive thanks to a combination of valuation, earnings growth and capital deployment flexibility." He assigns a premium to Booz Allen…