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Karman (NYSE:KRMN) Shares Gap Down - Time to Sell?

Karman logo with Aerospace background
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Karman Holdings Inc. (NYSE:KRMN - Get Free Report)'s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $28.42, but opened at $27.73. Karman shares last traded at $29.47, with a volume of 112,208 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on KRMN shares. Citigroup assumed coverage on shares of Karman in a research report on Monday. They set a "buy" rating and a $42.00 target price for the company. Royal Bank of Canada assumed coverage on Karman in a research report on Monday. They set an "outperform" rating and a $35.00 price target on the stock. Evercore ISI started coverage on Karman in a research report on Monday. They issued an "outperform" rating and a $38.00 price objective for the company. Robert W. Baird started coverage on Karman in a report on Monday. They set an "outperform" rating and a $40.00 target price on the stock. Finally, Baird R W upgraded shares of Karman to a "strong-buy" rating in a research report on Monday. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Karman currently has an average rating of "Buy" and an average target price of $38.75.

View Our Latest Research Report on KRMN

Karman Price Performance

About Karman

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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