Karman (NYSE:KRMN - Get Free Report) had its price target hoisted by Royal Bank of Canada from $35.00 to $38.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Royal Bank of Canada's price target points to a potential upside of 36.25% from the company's previous close.
A number of other analysts have also issued reports on KRMN. Baird R W upgraded shares of Karman to a "strong-buy" rating in a research note on Monday, March 10th. Robert W. Baird initiated coverage on shares of Karman in a research report on Monday, March 10th. They issued an "outperform" rating and a $40.00 target price for the company. Citigroup started coverage on shares of Karman in a research report on Monday, March 10th. They set a "buy" rating and a $42.00 price target on the stock. Evercore ISI started coverage on Karman in a report on Monday, March 10th. They issued an "outperform" rating and a $38.00 price objective for the company. Finally, William Blair assumed coverage on Karman in a report on Monday, March 10th. They set an "outperform" rating on the stock. Five research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Karman has an average rating of "Buy" and a consensus target price of $39.50.
View Our Latest Stock Analysis on Karman
Karman Price Performance
KRMN traded down $4.96 on Thursday, reaching $27.89. The company's stock had a trading volume of 1,840,437 shares, compared to its average volume of 988,275. Karman has a 1 year low of $27.13 and a 1 year high of $38.58.
About Karman
(
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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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