Robert W. Baird Begins Coverage on Karman (NYSE:KRMN)

Robert W. Baird began coverage on shares of Karman (NYSE:KRMN) in a report released on Monday,Briefing.com Automated Import reports. The firm set an “outperform” rating and a $40.00 price target on the stock. Robert W. Baird’s price objective suggests a potential upside of 38.55% from the company’s current price.

A number of other equities analysts have also weighed in on the stock. Evercore ISI began coverage on shares of Karman in a report on Monday. They issued an “outperform” rating and a $38.00 price objective for the company. Citigroup began coverage on shares of Karman in a report on Monday. They set a “buy” rating and a $42.00 target price for the company. Finally, William Blair initiated coverage on Karman in a research report on Monday. They set an “outperform” rating on the stock. Five research analysts have rated the stock with a buy rating, According to MarketBeat.com, Karman presently has an average rating of “Buy” and a consensus price target of $38.75.

Karman Stock Performance

Shares of NYSE:KRMN opened at $28.87 on Monday. Karman has a 1-year low of $27.76 and a 1-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.