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Why One Downgraded Stock May Be Poised for a Comeback

Summary by elblog.pl

Parsons Corporation (NYSE:PSN) has faced fluctuating fortunes due to federal contract uncertainties and new executive orders. Analysts now focus on Parsons’ strong fundamentals, believing potential revenue impacts are already reflected in its stock price. The recent acquisition of TRS Group positions Parsons to strengthen its Federal and Critical Infrastructure segments. Despite challenges like potential tariffs affecting other sectors, Parsons’…

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Why One Downgraded Stock May Be Poised for a Comeback

Parsons Corporation (NYSE:PSN) has faced fluctuating fortunes due to federal contract uncertainties and new executive orders. Analysts now focus on Parsons’ strong fundamentals, believing potential revenue impacts are already reflected in its stock price. The recent acquisition of TRS Group positions Parsons to strengthen its Federal and Critical Infrastructure segments. Despite challenges like potential tariffs affecting other sectors, Parsons’…

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elblog.pl broke the news in 9 hours ago on Saturday, February 22, 2025.

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