BAH - From Strong Dividends To Big Government Contracts: Why B Of A Analyst Is Bullish On Booz Allen Hamilton | Benzinga
B Of A Securities analyst Ronald J. Epstein upgraded Booz Allen Hamilton Holding Corp (NYSE: BAH) to Buy from Neutral at an increased price target of $130 from $110.
The analyst believes BAH's unique exposure to accelerating technologies and modernization initiatives will drive strong organic growth in the near term.
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Also, Epstein notes that softer-than-expected acquisition activity will aid in redirecting capital deployment for paying strong dividends and ...