
Louie DiPalma Reiterates Buy on Booz Allen, Citing Expanded $2.5B AI Defense Contract and Strong Pipeline

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William Blair analyst Louie DiPalma reiterated a Buy rating on Booz Allen Hamilton (BAH), citing the company's expanded $2.5 billion AI defense contract and strong pipeline. He highlighted client confidence in BAH's machine learning capabilities and potential Army contracts supporting robust future wins. Additionally, Stifel Nicolaus upgraded BAH to Buy with an $110 price target.
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