Huntington Ingalls Stock Gains Following JPMorgan Upgrade
<p><a href='https://financialmodelingprep.com/financial-summary/HII'>Huntington Ingalls (NYSE:HII)</a> stock rose more than 1% pre-market today after JPMorgan analysts upgraded the company from a Neutral rating to Overweight. They also set a price target of $247.00, which implies a 22% upside compared to the previous price target of $250.00 that was established for December 2023.</p>
<p>The analysts’ decision to upgrade is based on several factors. Despite Huntington Ingalls experiencing a 10% decline in its stock price over the last three months with minimal news, the analysts see this as an attractive entry opportunity. They highlighted the company's strengths, including clear visibility in top-line growth, the potential for margin improvement, and an expected increase in cash flow and cash return in the coming year.</p>

NYSE:HII