Parsons: Modernization of the US Air Traffic Control System and Golden Dome Provide New Growth Opportunities
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Parsons (PSN) is regarded as a leading provider of consulting and engineering services. On July 8, analysts at Raymond James upgraded their rating from "Market Perform" to "Strong Buy" with a price target of $90. This decision is partly justified by growth opportunities with the Federal Aviation Administration (FAA), the Golden Dome, nuclear projects, and the infrastructure business due to easing war tensions. In the USA, $31 billion is expected to be required for the modernization of the National Airspace System (NAS), where Parsons is now cooperating...
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