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Stock impact report

Here is What Analysts Have to Say About Bowman Consulting (BWMN) [Yahoo! Finance]

Bowman Consulting Group Ltd. (BWMN) 
Company Research Source: Yahoo! Finance
On December 9, Roth Capital analyst Jeff Martin reaffirmed his bullish stance on Bowman Consulting Group Ltd. (NASDAQ:BWMN). The analyst rated the stock as Buy and raised the price target from $45 to $50. As per Martin's forecasts, the stock offers a highly impressive upside potential of over 45% to investors. yuttana Contributor Studio/Shutterstock.com Martin attributed his upward revision of the target price to Bowman Consulting Group's (NASDAQ:BWMN) recent acquisition of RPT Alliance. The strategic move is aimed at broadening their power and utilities platform. According to the analyst, this acquisition will enable growth opportunities while expanding the group's margins. He highlighted the company's spiked valuation relative to its peers and considers it to be a “justifiable premium” given the company's growth profile. The stock has a consensus 1-year average price target of $45.75, which implies an upside potential of 35% from the current level. As of December 22 closing, Show less Read more
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