We recently published 11 Stocks on Jim Cramer’s Radar. Booz Allen Hamilton Holding Corporation (NYSE:BAH) is one of the stocks on Jim Cramer's radar.
Booz Allen Hamilton Holding Corporation (NYSE:BAH) is one of the largest consulting companies in the world. The firm’s shares are down by 31% over the past year and are up by 4% year-to-date. The firm was dealt a setback recently after the Treasury Department terminated contracts with it due to a tax data leak. Following the announcement, Truist reiterated a Hold rating and a $98 share price target for Booz Allen Hamilton Holding Corporation (NYSE:BAH). The financial firm pointed out that the Treasury’s decision reflected roughly $4.8 million in annual revenue, which was a small portion of the consulting firm’s annual $11.41 billion in revenue. DA Davidson also raised Booz Allen Hamilton Holding Corporation (NYSE:BAH)’s share price target to $81 from $73 and kept a Neutral rating on the stock. DA Davidson pointed out that it had raised the consulting company’s earnings estimates for 2026 and 2027 to $6.10 and $6.75 from an earlier 5.50 and $5.90. Cramer briefly mentioned Booz Allen Hamilton Holding Corporation (NYSE:BAH) after the firm reported its earnings:
“Booz Allen is a stock that’s reported, it’s up huge today because I think DOGE had really annihilated them and that’s kind of passed.”
Athena, Intuitive Machines' IM-2 mission lunar lander. Photo from Intuitive Machines website
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Disclosure: None. This article is originally published at Insider Monkey.