Parsons Corporation (PSN) Tops Q4 EPS by 17c, Revenues Miss; Offers FY21 Revenue Outlook Below Consensus

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Go back to Parsons Corporation (PSN) Tops Q4 EPS by 17c, Revenues Miss; Offers FY21 Revenue Outlook Below Consensus

Cowen Downgrades Parsons Corp. (PSN) to Market Perform

February 25, 2021 6:52 AM EST

Cowen analyst Jeff Molinari downgraded Parsons Corp. (NYSE: PSN) from Outperform to Market Perform with a price target of $33.00 (from $40.00).

The analyst comments "Disappointing Q4 and light 2021 guide due to COVID overhang & pass thru burnoff aren't valid reason for huge concern. But... More

Parsons Corp. (PSN) PT Lowered to $33 at Cowen

February 25, 2021 5:30 AM EST

Cowen analyst Jeff Molinari lowered the price target on Parsons Corp. (NYSE: PSN) to $33.00 (from $40.00) while maintaining a Outperform rating.

The analyst comments "Disappointing Q4 and light 2021 guide due to COVID overhang & pass thru burnoff aren't valid reason for huge concern. But... More

Parsons Corporation (PSN) Awarded $600M Ceiling U.S. Postal Service Contract

February 22, 2021 5:35 PM EST

Parsons Corporation (NYSE: PSN) has won a seven-year contract with the U.S. Postal Service's (USPS) Nationwide Program Management Services (PMS) worth a total potential value of $600 million. The deal is the company's third consecutive with the USPS. The seven-year timeframe assumes all option... More