Citigroup has raised its price target for Huntington Ingalls Industries (NYSE:HII) to $465.00 from $450.00, maintaining a “buy” rating. This adjustment suggests a potential upside of 16.24% from HII’s current trading price. The aerospace company recently reported strong quarterly earnings, beating analyst expectations with $4.04 EPS and a 15.7% year-over-year revenue increase to $3.48 billion.
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Huntington Ingalls Industries (NYSE:HII) Given New $465.00 Price Target at Citigroup
Citigroup has raised its price target for Huntington Ingalls Industries (NYSE:HII) to $465.00 from $450.00, maintaining a “buy” rating. This adjustment suggests a potential upside of 16.24% from HII’s current trading price. The aerospace company recently reported strong quarterly earnings, beating analyst expectations with $4.04 EPS and a 15.7% year-over-year revenue increase to $3.48 billion.