Booz Allen lower after 2-notch downgrade

|About: Booz Allen Hamilton Hold... (BAH)|By:, SA News Editor

"The key driver of our rating change (to Underperform from Buy) is valuation," says BAML analyst Ron Epstein. Though Booz Allen (BAH -2.2%) is poised to benefit from growth in cyber security spending, the stock's fast recent appreciation leaves too much risk to the downside, says Epstein.