Why Parsons Stock Raced 4% Higher Today
Defense stock Parsons (NYSE: PSN) was a stock market winner on Thursday. The second-to-last day of the trading week saw the company's share price improve by 4% thanks in no small part to a positive analyst note. That little pop was sufficient to convincingly beat the S&P 500 index's 0.8% Thursday gain.
Before market open, Tobey Sommer of Truist Securities published a new research note on Parsons in which he reiterated his buy recommendation on the company's shares.
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Source Fool.com
