The 30% Pullback is a Buying Opportunity
Raymond James rates it at $150 (Outperform)
Share buyback program has been doubled to $1 billion
Reading Time: 1 minute
Booz Allen Hamilton (BAH) has corrected by 30% in recent months as the change in government delays procurement projects and new national priorities are only now being set. For these reasons, I see the pullback as a buying opportunity: The consulting firm is the market leader in AI and cybersecurity for the federal government. Investments are also being made in space, quantum computing, and defense. Partnerships with Palantir and AWS are bringing commercial technologies to the public sector faster. Raymond James sees the DOGE effect (Department...
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