Group 1 - Amentum Holdings Inc. (NYSE:AMTM) is currently viewed as a cheap stock with investment potential, with UBS raising its price target to $37 from $33 while maintaining a Neutral rating [1][7] - Truist has also increased its price target for Amentum to $42 from $34, assigning a Buy rating, and noted that the upcoming government services sector outlook could enhance growth expectations for 2026 and 2027 [3] - The company operates in two segments: Digital Solutions and Global Engineering Solutions, providing engineering and technology solutions both domestically and internationally [4] Group 2 - The Defense and Government IT sectors are influenced more by geopolitical narratives and budget cycles than by immediate earnings catalysts, despite improvements in commercial original equipment build rates [2] - UBS highlighted strong growth in the aftermarket segment but warned of potential deceleration risks in the second half of the year [2] - Truist cautioned that increased defense spending could lead to further reductions in civil budgets, impacting overall growth [3]
UBS Maintains Neutral Rating on Amentum Holdings (AMTM) Due to Mixed Market Reactions, Selective Growth