Booz Allen announces sale of 10M shares of Class A common stock for holders Booz Allen Hamilton announced the sale of an aggregate of 10M shares of Class A common stock by an affiliate of The Carlyle Group to Citigroup Global Markets Inc. and Barclays Capital Inc., as the underwriters in the registered offering of these shares.
News For BAH From The Last 14 Days
Check below for free stories on BAH the last two weeks.
Booz Allen upgraded to Outperform at Cowen As reported previously, Cowen upgraded Booz Allen to Outperform from Market Perform as they believe the company is approaching a revenue and earnings upturn. The firm sees the upturn bolstered by upward pressure on intelligence spending due to the recent ISIS activity, as well as margin upside, and its lack of pension exposure. Cowen raised its price target on Booz Allen to $28 from $25.