MPA Delivery Partners Selected For Hudson Tunnel Project, the Most Urgent Infrastructure Project in the US
Parsons Corporation (PSN)
Last parsons corporation earnings: 3/10 06:30 am
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Source: PR Newswire
NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Mace Group, as part of joint venture Mace-Parsons-Arcadis (MPA Delivery Partners), announced today that the team has been selected by the Gateway Development Commission (GDC) as the delivery partner for the $16 billion Hudson Tunnel Project (HTP). Together, the firms will coordinate among all stakeholders, contractors, and consultants to ensure that the project satisfies all GDC's requirements.The busiest rail connection between New York, New Jersey, and the Northeast Corridor, the Hudson Tunnel Project will improve capacity, reliability, and resiliency of commuter and intercity rail transit serving 800,000 daily passengers from Washington, D.C. to New York and New England. A milestone project supported by the bipartisan Infrastructure Investment and Jobs Act (IIJA). The project is slated to receive nearly $12 billion in federal funding, the largest investment in a mass transit project in modern history."HTP is a critical, once-in-a-generation p
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News
- Parsons Co. (NYSE: PSN) was upgraded by analysts at TD Cowen from a "hold" rating to a "buy" rating. They now have a $90.00 price target on the stock, up previously from $77.00.MarketBeat
- Parsons Corporation (NYSE:PSN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Parsons Co. (NYSE: PSN) had its price target raised by analysts at Robert W. Baird from $85.00 to $89.00. They now have an "outperform" rating on the stock.MarketBeat
- Parsons Co. (NYSE: PSN) was upgraded by analysts at Raymond James from an "outperform" rating to a "strong-buy" rating. They now have a $95.00 price target on the stock, up previously from $82.00.MarketBeat
- Parsons (PSN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
PSN
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- 5/1/24 - Beat
PSN
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- 4/22/24 - Form 8-K
- PSN's page on the SEC website