Karman (NYSE:KRMN) Research Coverage Started at Citigroup

Citigroup assumed coverage on shares of Karman (NYSE:KRMN) in a research note published on Monday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $42.00 price objective on the stock.

A number of other equities analysts have also recently issued reports on the company. Evercore ISI started coverage on Karman in a report on Monday. They set an “outperform” rating and a $38.00 target price for the company. William Blair started coverage on Karman in a report on Monday. They set an “outperform” rating for the company. Five investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Karman has an average rating of “Buy” and an average target price of $38.75.

Karman Stock Up 1.3 %

KRMN stock opened at $30.06 on Monday. Karman has a 1 year low of $27.13 and a 1 year high of $34.20.

About Karman

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.