(See SLGL stock analysis on TipRanks) PAE (PAE) Lets switch equipments, and look at federal government assistance services. 5-star analyst Brian Gesuale, in his protection of PAE for Raymond James, keeps in mind the change in contracts, and does not think it needs to problem PAE. While we expect the group will deal with slowing down fundamentals and a potentially significant re-rating lower from near historically high valuations PAE need to fare in a different way as it speeds up natural growth …” In line with these remarks, the analyst puts an Outperform (i.e. Buy) ranking on the stock, and his $15 price target implies a 77% 1 year benefit.
(See SLGL stock analysis on TipRanks) PAE (PAE) Lets switch gears, and look at government support services. 5-star expert Brian Gesuale, in his coverage of PAE for Raymond James, notes the change in agreements, and does not believe it needs to problem PAE. “PAEs competent pipeline still sits around $40B and pending awards north of $6B, which when combined with the businesss 2020 recompete win rate of 93% provides us self-confidence that CBP contract can be sufficiently replaced,” Gesuale commented. While we expect the group will deal with decreasing basics and a possibly meaningful re-rating lower from near traditionally high evaluations PAE should fare differently as it speeds up natural growth …” In line with these comments, the analyst puts an Outperform (i.e. Buy) ranking on the stock, and his $15 price target implies a 77% one-year upside. (See PAE stock analysis on TipRanks) To find good ideas for stocks trading at appealing valuations, visit TipRanks Best Stocks to Buy, a recently released tool that joins all of TipRanks equity insights.