02:55 PM EDT, 09/24/2025 (MT Newswires) -- KBR (KBR), post its newly announced spin-off, could trade for a 7x to 11x premium from current company levels, Truist Securities said in a Wednesday research note, adding that it was largely positive on the deal.

Earlier in the day, KBR said it intends to spin off its mission technology solutions segment into a separate publicly listed company, while retaining the sustainable technology solutions business.

Noting the company's announcement, Truist said there is no major contract overlap that exists between the two segments, with overheads and general and administration expenses largely separated.

The firm maintained its buy rating with a $60 price target.

Price: 49.64, Change: +1.79, Percent Change: +3.75