The KEYW Holding Corporation (NASDAQ:KEYW) had its target price reduced by analysts at Maxim Group from $13.00 to $10.00 in a report released on Friday. The brokerage presently has a “buy” rating on the software maker’s stock. Maxim Group’s price target indicates a potential upside of 29.03% from the company’s previous close.

A number of other brokerages have also issued reports on KEYW. Zacks Investment Research raised The KEYW Holding Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 11th. BidaskClub lowered The KEYW Holding Corporation from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 17th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $13.00 price target on shares of The KEYW Holding Corporation in a research note on Friday, October 20th. Noble Financial reaffirmed a “hold” rating on shares of The KEYW Holding Corporation in a research note on Friday, August 11th. Finally, Drexel Hamilton raised The KEYW Holding Corporation from a “hold” rating to a “buy” rating and set a $10.00 price target on the stock in a research note on Friday, August 25th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $11.40.

The KEYW Holding Corporation (NASDAQ:KEYW) last issued its quarterly earnings data on Thursday, November 2nd. The software maker reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.11). The business had revenue of $122.39 million during the quarter, compared to analyst estimates of $130.54 million. The KEYW Holding Corporation had a negative net margin of 6.39% and a negative return on equity of 1.61%. The firm’s revenue for the quarter was up 69.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.06 earnings per share.

TRADEMARK VIOLATION NOTICE: “The KEYW Holding Corporation (KEYW) Price Target Lowered to $10.00 at Maxim Group” was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/11/03/the-keyw-holding-corporation-keyw-price-target-lowered-to-10-00-at-maxim-group.html.

A number of institutional investors have recently made changes to their positions in the stock. Boston Partners lifted its position in The KEYW Holding Corporation by 45.8% during the third quarter. Boston Partners now owns 1,072,744 shares of the software maker’s stock worth $8,164,000 after buying an additional 336,990 shares in the last quarter. State of Wisconsin Investment Board lifted its position in The KEYW Holding Corporation by 37.2% during the third quarter. State of Wisconsin Investment Board now owns 695,837 shares of the software maker’s stock worth $5,295,000 after buying an additional 188,537 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in The KEYW Holding Corporation by 31.6% during the second quarter. The Manufacturers Life Insurance Company now owns 39,884 shares of the software maker’s stock worth $373,000 after buying an additional 9,587 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its position in The KEYW Holding Corporation by 36.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 58,828 shares of the software maker’s stock worth $547,000 after buying an additional 15,826 shares in the last quarter. Finally, State Street Corp lifted its position in The KEYW Holding Corporation by 16.4% during the second quarter. State Street Corp now owns 1,472,188 shares of the software maker’s stock worth $13,769,000 after buying an additional 207,656 shares in the last quarter. Hedge funds and other institutional investors own 95.99% of the company’s stock.

About The KEYW Holding Corporation

The KeyW Holding Corporation is a holding company. The Company is a provider of engineering and technology solutions to support the collection, processing, analysis and dissemination of information across the full spectrum of the Intelligence, cyber and counterterrorism communities missions. It operates through Government Solutions segment.

Analyst Recommendations for The KEYW Holding Corporation (NASDAQ:KEYW)

Receive News & Ratings for The KEYW Holding Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The KEYW Holding Corporation and related companies with MarketBeat.com's FREE daily email newsletter.