What’s Driving Parsons Co.'s (NYSE:PSN) Stock Performance in the Market?

February 05, 2025 03:16 AM PST | By Team Kalkine Media

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What’s Driving Parsons Co.'s (NYSE:PSN) Stock Performance in the Market? — Image source: Shutterstock

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Highlights

Parsons Co. has received various ratings from brokerages.

The company’s stock has experienced fluctuating price targets recently.

Experts have provided differing viewpoints on Parsons' future trajectory.

Introduction to Parsons Co.'s Sector
Parsons Co. (NYSE:PSN) operates within the engineering and construction sector. The company specializes in delivering technology-driven infrastructure, defense, and environmental services. Within this sector, firms like Parsons focus on creating innovative solutions for government and commercial clients. This sector has seen notable demand in recent years due to increasing investments in public infrastructure and defense projects globally.

Brokerage Ratings and Recent Movements
Parsons Co. has been closely followed by numerous brokerage firms, reflecting its prominence in the engineering and construction space. According to the most recent data, the company has garnered a consensus rating from research firms. Among the brokerages that have issued reports on Parsons, some have opted for a neutral stance, while others have shown stronger enthusiasm, signaling varied expectations.

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