Citizens reiterates Park Electrochemical stock rating on munitions capacity
Citizens reaffirmed a Market Outperform rating and $42 price target for Park Electrochemical (PKE), citing 65% upside potential. The firm noted urgency in munitions demand, with PKE's Kansas facility set to meet PAC-3 interceptor targets. PKE reported strong Q2 FY2027 results, with revenue of $20.79 million, beating estimates. The company's Tulsa facility is expected to start production in 2028.
