BUZZ-Parsons secures missile defence agency contract worth up to $151 billion; shares rise
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Shares of Parsons Corprise nearly 9% to $68 in aftermarket tradingCo secures Missile Defense Agency’s SHIELD contract, with a ceiling value of $151 billionContract designed to accelerate delivery of advanced capabilities to warfighter with increased speed and agility - PSNEleven of 14 brokerages rate the stock “buy” or higher and three “hold”; their median PT is $87.50, according to data compiled by LSEGAs of Monday’s close, shares were down 32.6% YTD
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