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.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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