Truist raised the firm’s price target on Leidos (LDOS) to $188 from $175 and keeps a Buy rating on the shares after its Q2 earnings beat. The firm sees the company in a prime spot to capitalize on the new administration’s funding priorities, including autonomous Naval fleet, Golden Dome, border security, and FAA ATC, the analyst tells investors in a research note. Truist is also excited for the Leidos opportunity set available in the second half and beyond, the firm added.
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