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

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

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

Karman Stock Up 4.0 %

Karman stock opened at $29.57 on Monday. Karman has a one year low of $27.13 and a one year 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.