JMP Securities initiated coverage of MAXIMUS (NYSE:MMS) with a rating of Market Outperform and a price target of $41. The shares recently traded at $34, up $1.2, or 3.54%, on the day. The shares have traded in a 52-week range of $28.88 to $42.77 and its market capitalization is $1.17 billion. About the company: MAXIMUS, Inc. provides program management and consulting services to state and local governments throughout the United States. The Company’s services are designed to make government operations more efficient and cost effective while improving the quality of the services provided to program beneficiaries.
(Note: Stock ratings are sourced from Briefing.com via the Wall St. Journal. Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)
Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>