# TD Cowen Upgrades Booz Allen to Buy, Raises Price Target to $95 By Token Post Canonical URL: https://www.tokenpost.com/news/insights/41406 Published: 2026-10-26T22:44:30.000Z Updated: 2026-10-26T22:44:30.000Z Section: Insights & Views > Booz Allen’s fiscal 2027 second-quarter revenue fell 3.9% year over year to $2.778 billion as civil program starts slowed. TD Cowen upgraded Booz Allen Hamilton Holding Corporation (BAH) to Buy from Hold on Oct. 26, setting a $95 price target, up from $77. The $18 increase accompanied the firm’s view that government contract bookings were improving and federal civilian revenue was stabilizing. Booz Allen, a defense technology contractor, recorded $2.778 billion in fiscal 2027 second-quarter revenue, [3.9% lower than a year earlier](). The quarter ended Sept. 30. Slower starts on civil customer programs pressured sales, although the Civil business performed in line with expectations. Truist Securities made a separate [Buy upgrade on Oct. 8](), moving Booz Allen from Hold and pointing to the possibility that federal civilian spending was nearing its low point. ## Links in this article - [3.9% lower than a year earlier](https://www.tokenpost.com/news/business/39715) - [Buy upgrade on Oct. 8](https://www.tokenpost.com/news/investing/28058)