Parsons Stock Jumps: New Contract & Analyst Boost

Parsons stock leaps nearly 7% after landing a $13M government contract to combat nuclear smuggling in the Indo-Pacific, plus a Baird analyst boosts the price target to $100! Is this a turning point for the infrastructure and defense giant after a rocky year, or just a blip? We break down the details, the analyst's bullish outlook, and what it means for investors eyeing long-term growth in a world increasingly focused on security. Hosted on Acast. See acast.com/privacy for more information.