Jim Cramer Discusses Booz Allen (BAH) & DOGE

Booz Allen Hamilton Holding Corporation (NYSE:BAH) is 1 of the largest consulting companies successful the world. The firm’s shares are down by 31% implicit the past twelvemonth and are up by 4% year-to-date. The steadfast was dealt a setback precocious aft the Treasury Department terminated contracts with it owed to a taxation information leak. Following the announcement, Truist reiterated a Hold standing and a $98 stock terms people for Booz Allen Hamilton Holding Corporation (NYSE:BAH). The fiscal steadfast pointed retired that the Treasury’s determination reflected astir $4.8 cardinal successful yearly revenue, which was a tiny information of the consulting firm’s yearly $11.41 cardinal successful revenue. DA Davidson besides raised Booz Allen Hamilton Holding Corporation (NYSE:BAH)’s stock terms people to $81 from $73 and kept a Neutral standing connected the stock. DA Davidson pointed retired that it had raised the consulting company’s net estimates for 2026 and 2027 to $6.10 and $6.75 from an earlier 5.50 and $5.90. Cramer concisely mentioned Booz Allen Hamilton Holding Corporation (NYSE:BAH) aft the steadfast reported its earnings:

“Booz Allen is simply a banal that’s reported, it’s up immense contiguous due to the fact that I deliberation DOGE had truly annihilated them and that’s benignant of passed.”

Athena, Intuitive Machines' IM-2 ngo lunar lander. Photo from Intuitive Machines website

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