Karman (NYSE:KRMN) Upgraded at Baird R W

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

A number of other research analysts have also issued reports on KRMN. William Blair initiated coverage on Karman in a report on Monday. They issued an “outperform” rating on the stock. Royal Bank of Canada initiated coverage on Karman in a report on Monday. They issued an “outperform” rating and a $35.00 target price on the stock. Robert W. Baird initiated coverage on Karman in a report on Monday. They issued an “outperform” rating and a $40.00 target price on the stock. Evercore ISI initiated coverage on Karman in a report on Monday. They issued an “outperform” rating and a $38.00 target price on the stock. Finally, Citigroup started coverage on Karman in a report on Monday. They issued a “buy” rating and a $42.00 target price on the stock. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Karman currently has a consensus rating of “Buy” and a consensus price target of $38.75.

Karman Stock Up 1.3 %

Shares of NYSE KRMN opened at $30.06 on Monday. Karman has a twelve month low of $27.13 and a twelve month 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.