Karman (NYSE:KRMN) Upgraded by Baird R W to “Strong-Buy” Rating

Baird R W upgraded shares of Karman (NYSE:KRMN) to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

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

Karman Stock Performance

NYSE KRMN opened at $28.43 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.