BigBear.ai Holdings (BBAI) stock surged 5.23% in Monday's pre-market trading session, following an analyst upgrade and price target increase from H.C. Wainwright.
H.C. Wainwright analyst Scott Buck raised the firm's price target on BigBear.ai to $7 from $3, citing the company's robust growth potential and financial stability. Buck reiterated a Buy rating on the stock.
The analyst's bullish outlook on BigBear.ai, a leading provider of artificial intelligence and data analytics solutions, fueled investor confidence and drove the stock's upward momentum.