Truist raised the firm’s price target on Leidos (LDOS) to $220 from $200 and keeps a Buy rating on the shares. The firm believes the company is worthy of a premium valuation compared to the government services group based on a diverse and well-positioned portfolio. Truist is particularly bullish about One Big Beautiful Bill Act funding opportunities, adding that the company also posted upside Q3 results and raised 2025 profitability guidance.
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Read More on LDOS:
- Leidos Holdings: Hold Rating Amid Strong Q3 Results and Government-Related Challenges
- Leidos reports Q3 EPS $3.05, consensus $2.72
- Leidos ups FY25 EPS view to $11.45-$11.75 from $11.15-$11.45, consensus $11.58
- LDOS Earnings this Week: How Will it Perform?
- Leidos raises quarterly dividend to 43c from 40c per share