A post by @FirstSquawk on X.

Raymond James lowered its price target on Karman Holdings to $75 from $100, a 25% reduction. The cut signals that the analyst expects less upside for the aerospace and defense supplier than previously modeled. The new target still sits above the prior level implied by the reduced figure, indicating the firm retains a constructive view despite trimming its expectations. Investors will watch whether other analysts follow with similar revisions and how Karman's shares react relative to the revised target.