Karman (NYSE:KRMN) Now Covered by Analysts at Royal Bank of Canada

Investment analysts at Royal Bank of Canada initiated coverage on shares of Karman (NYSE:KRMN - Get Free Report) in a report released on Monday, Marketbeat.com reports. The firm set an "outperform" rating and a $35.00 price target on the stock. Royal Bank of Canada's target price indicates a potential upside of 14.04% from the stock's previous close.

Other research analysts have also issued reports about the company. Citigroup initiated coverage on Karman in a report on Monday. They set a "buy" rating and a $42.00 price target on the stock. Robert W. Baird initiated coverage on Karman in a report on Monday. They set an "outperform" rating and a $40.00 price target on the stock. William Blair initiated coverage on Karman in a report on Monday. They set an "outperform" rating on the stock. Finally, Evercore ISI initiated coverage on Karman in a report on Monday. They set an "outperform" rating and a $38.00 price target on the stock. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and an average target price of $38.75.

Karman Price Performance

Shares of KRMN traded up $0.59 during trading hours on Monday, reaching $30.69. 373,433 shares of the company's stock traded hands, compared to its average volume of 856,044. Karman has a twelve month low of $27.13 and a twelve month high of $34.20.

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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.