Jefferies lowered the firm’s price target on Leidos (LDOS) to $185 from $215 and keeps a Buy rating on the shares. The company closed on ENTRUST for $2.4B on March 30, notes the analyst, who is adding ENTRUST to the firm’s 2026 and 2027 estimates. 2026 EPS guidance is likely reiterated at $12.05-$12.45, the analyst forecasts in a preview.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LDOS:
- Disney upgraded, Nike downgraded: Wall Street’s top analyst calls
- Leidos initiated with an Equal Weight at Wells Fargo
- Leidos completes $2.4B acquisition of Entrust Solutions Group
- Leidos Closes ENTRUST Acquisition, Expands Energy Infrastructure Reach
- Booz Allen, CACI best positioned in Federal for cyber priorities, says Jefferies
