Karman (NYSE:KRMN) Raised to Strong-Buy at Baird R W

Karman (NYSE:KRMN) was upgraded by Baird R W to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Several other research firms also recently issued reports on KRMN. Citigroup started coverage on Karman in a research note on Monday. They issued a “buy” rating and a $42.00 price objective for the company. William Blair initiated coverage on shares of Karman in a research report on Monday. They set an “outperform” rating for the company. Royal Bank of Canada initiated coverage on shares of Karman in a research report on Monday. They set an “outperform” rating and a $35.00 target price for the company. Evercore ISI started coverage on shares of Karman in a research report on Monday. They set an “outperform” rating and a $38.00 target price for the company. Finally, Robert W. Baird started coverage on Karman in a report on Monday. They set an “outperform” rating and a $40.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $38.75.

Karman Trading Up 4.0 %

KRMN opened at $29.57 on Monday. Karman has a twelve month low of $27.13 and a twelve month high of $34.20.

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.