Equities researchers at Citigroup initiated coverage on shares of Karman (NYSE:KRMN – Get Free Report) in a research report issued to clients and investors on Monday, Marketbeat reports. The brokerage set a “buy” rating and a $42.00 price target on the stock. Citigroup’s target price would indicate a potential upside of 45.48% from the company’s current price.
A number of other research firms have also weighed in on KRMN. William Blair initiated coverage on Karman in a research note on Monday. They issued an “outperform” rating for the company. Evercore ISI began coverage on shares of Karman in a report on Monday. They issued an “outperform” rating and a $38.00 price target for the company. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, Karman presently has a consensus rating of “Buy” and an average price target of $38.75.
Read Our Latest Stock Analysis on KRMN
Karman Trading Up 2.5 %
Karman Company Profile
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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