Huntington Ingalls' stock soared 6.65% during intraday trading on Friday, reflecting strong investor interest.
The surge follows analyst actions including Goldman Sachs maintaining its Buy rating on the stock despite a slight adjustment to its price target. According to research, analysts polled by FactSet have an average overweight rating and mean price target of $387.82 for Huntington Ingalls Industries.
Such positive analyst sentiment appears to be driving investor confidence, contributing to the significant price appreciation during the trading session.
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