Mantech International Corp (MANT) is Upgraded by Credit Suisse to Neutral

Mantech International Corp (MANT) was Upgraded by Credit Suisse to ” Neutral”. Earlier the firm had a rating of “Underperform ” on the company shares. Credit Suisse advised their investors in a research report released on Apr 28, 2016.

Many Wall Street Analysts have commented on Mantech International Corp. Company shares were Reiterated by Maxim Group on Feb 18, 2016 to “Buy”, Firm has raised the Price Target to $ 44 from a previous price target of $43 .

On the company’s financial health, Mantech International Corp reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.31. The company had revenue of $390.66 million for the quarter, compared to analysts expectations of $386.86 million. The company’s revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.

Mantech International Corp closed down -0.2 points or -0.61% at $32.78 with 89,812 shares getting traded on Wednesday. Post opening the session at $32.91, the shares hit an intraday low of $32.26 and an intraday high of $33.06 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 4, 2016, Mary K Bush (director) sold 1,580 shares at $28.87 per share price. According to the SEC, on Nov 25, 2015, Daniel J Keefe (Business Group President) sold 25,000 shares at $32.03 per share price. On Sep 11, 2015, Walter R Jr Fatzinger (director) sold 1,700 shares at $26.35 per share price, according to the Form-4 filing with the securities and exchange commission.

ManTech International Corporation is a provider of technologies and solutions for national security programs for the intelligence community; the departments of Defense State Homeland Security Energy and Justice including the Federal Bureau of Investigation; the healthcare and space communities; and other United States federal Government customers. It supports national security programs for around 50 federal agencies through over 1100 contracts. Its solutions and services include cyber; software and systems development; enterprise information technology; multi-discipline intelligence; program protection and mission assurance; systems engineering; test and evaluation; command control communications computers intelligence surveillance and reconnaissance; training; global logistics and supply chain management and management consulting. It offers services to the Unites States Government intelligence military space and civilian agencies and commercial customers among others.

Mantech International Corp

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