February 08, 2013 at 11:50 AM EST
UPDATE: Citigroup Reiterates Buy Rating, Raises PT on Maximus After 1Q13 Earnings Analysis
In a report published Friday, Citigroup reiterated its Buy rating on Maximus (NYSE: MMS ), and raised its price target from $75.00 to $85.00. Citigroup noted, “The biggest catalyst for upside is the FFE eligibility support contract. Maximus bid on the contract, but it's unclear if they bid as prime.
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