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BigBearai Holdings (BBAI) Receives a Hold from Cantor Fitzgerald

Tipranks - Tipranks - Wed Mar 4, 7:02AM CST

Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated a Hold rating on BigBearai Holdings yesterday and set a price target of $5.00. The company’s shares closed yesterday at $4.10.

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According to TipRanks, Ruykhaver is a 5-star analyst with an average return of 19.0% and a 56.88% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Allot, JFrog, and Palo Alto Networks.

In addition to Cantor Fitzgerald, BigBearai Holdings also received a Hold from TipRanks – PerPlexity’s PerPlexity Information Technology Services in a report issued today. However, on the same day, H.C. Wainwright reiterated a Buy rating on BigBearai Holdings (NYSE: BBAI).

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Based on BigBearai Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $33.14 million and a net profit of $2.52 million. In comparison, last year the company earned a revenue of $41.51 million and had a GAAP net loss of $12.18 million

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