In a report released Thursday, Credit Suisse analyst Robert Spingarn upgrades Booz Allen Hamilton Holding Corporation BAH from Neutral to Outperform, while raising its price target from $23 to $27 a share.
Analyst at Credit Suisse like Booz Allen ability to control its costs during difficulties in topline growth and its high historic returns to shareholders. Spingarn is bullish on the $1 special dividend announcement and the company's FQ1's $0.50 EPS surpassing estimates of nearly $0.03.
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