Jefferies upgrades Parsons to buy, cuts target to $52
UKPulse Markets Desk
Jefferies has upgraded its rating on Parsons stock to buy while cutting its price target to $52. The move was reported on 3 August 2026.
- Jefferies upgraded Parsons stock to a buy rating.
- The price target was cut to $52.
- The report was published on 3 August 2026.
Jefferies has upgraded its rating on Parsons stock to buy, while lowering its price target to $52, according to a report published on 3 August 2026.
The investment bank's revised target implies a specific valuation level for the company's shares, though no further details were provided in the initial report.