Karman Holdings Inc.’s (NYSE:KRMN) Quiet Period Will End on March 25th

Karman’s (NYSE:KRMN) quiet period will end on Tuesday, March 25th. Karman had issued 23,000,000 shares in its initial public offering on February 13th. The total size of the offering was $506,000,000 based on an initial share price of $22.00. During Karman’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on KRMN shares. Robert W. Baird started coverage on shares of Karman in a research note on Monday, March 10th. They set an “outperform” rating and a $40.00 price objective on the stock. Evercore ISI started coverage on shares of Karman in a research note on Monday, March 10th. They set an “outperform” rating and a $38.00 price objective on the stock. Royal Bank of Canada started coverage on shares of Karman in a research note on Monday, March 10th. They set an “outperform” rating and a $35.00 price objective on the stock. William Blair started coverage on shares of Karman in a research note on Monday, March 10th. They set an “outperform” rating on the stock. Finally, Citigroup started coverage on shares of Karman in a research note on Monday, March 10th. They set a “buy” rating and a $42.00 price objective on the stock. Five equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Karman presently has an average rating of “Buy” and an average price target of $38.75.

Karman Price Performance

NYSE:KRMN opened at $37.11 on Thursday. Karman has a 52-week low of $27.13 and a 52-week high of $37.42.

About Karman

We specialize in the upfront design, testing, manufacturing, and sale of mission-critical systems for existing and emerging missile and defense, and space programs. Our integrated payload protection, propulsion, and interstage system solutions are deployed across a wide variety of existing and emerging programs supporting important Department of Defense (“DoD”) and space sector initiatives.