Leidos Holdings, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Mariana Perez Mora from Bank of America Securities reiterated a Buy rating on the stock and has a $235.00 price target.
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Mariana Perez Mora has given her Buy rating due to a combination of factors that highlight Leidos Holdings’ strategic alignment and growth potential. The company is executing well on its North Star 2030 strategy, which aligns with key funding priorities of the Trump administration. This strategic execution is particularly evident in Leidos’ Defense Systems portfolio, which is expected to deliver significant growth and profitability, comparable to other leading defense technology firms.
Leidos’ subsidiaries, Dynetics and Gibbs & Cox, are considered valuable assets, contributing to the company’s strong performance. The Defense Systems division is managing multiple franchise programs with substantial potential value, indicating a promising future. Additionally, the Health & Civil segment has shown exceptional performance, maintaining high margins due to robust volumes in managed health services and medical disability examinations. These factors collectively support the Buy rating, with a raised price objective reflecting the company’s anticipated growth trajectory.
Perez Mora covers the Technology sector, focusing on stocks such as Caci International, OSI Systems, and Parsons. According to TipRanks, Perez Mora has an average return of 50.1% and a 73.58% success rate on recommended stocks.
In another report released on November 5, Truist Financial also reiterated a Buy rating on the stock with a $220.00 price target.