Robert W. Baird Initiates Coverage on Karman (NYSE:KRMN)

Research analysts at Robert W. Baird assumed coverage on shares of Karman (NYSE:KRMN - Get Free Report) in a report issued on Monday, Marketbeat.com reports. The brokerage set an "outperform" rating and a $40.00 price target on the stock. Robert W. Baird's price target would indicate a potential upside of 30.34% from the company's current price.

A number of other brokerages have also recently issued reports on KRMN. Citigroup started coverage on Karman in a report on Monday. They set a "buy" rating and a $42.00 target price for the company. William Blair began coverage on Karman in a report on Monday. They set an "outperform" rating for the company. Finally, Evercore ISI began coverage on Karman in a report on Monday. They issued an "outperform" rating and a $38.00 price target for the company. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $38.75.

Karman Trading Up 2.0 %

Shares of NYSE:KRMN traded up $0.59 during trading on Monday, reaching $30.69. 373,433 shares of the stock were exchanged, compared to its average volume of 856,044. Karman has a 12-month low of $27.13 and a 12-month high of $34.20.

About Karman

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.