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UPDATE: Morgan Stanley Initiates Coverage on Booz Allen Hamilton on Mixed Factors

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In a report published Tuesday, Morgan Stanley analyst Suzanne E. Stein initiated coverage on Booz Allen Hamilton Holding Corporation (NYSE: BAH) with an Equal-Weight rating and $21.00 price target.

In the report, Morgan Stanley noted, “A lack of exposure to wartime funding, a flexible cost structure and the potential for diversification separate BAH from peers. However, federal budget uncertainties, which could linger, make top line growth a challenge. Initiate at Equal-Weight.”

Booz Allen Hamilton Holding Corporation closed on Monday at $19.38.

Posted-In: Morgan Stanley Suzanne E. SteinAnalyst Color Initiation Analyst Ratings

 

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