Karman Holdings stock slips as Citi-fueled rally cools; what’s next for KRMN shares
Karman Holdings shares dropped 4% to $84.85 in early Friday trading, reversing part of an 18% surge over the previous two sessions. The decline outpaced the broader aerospace sector, with ETFs down less than 1%. Citigroup maintained a Buy rating and $125 target after noting stronger demand. Karman will present at a Raymond James investor conference on March 3.