Cantor Fitzgerald raised the firm’s price target on Leidos (LDOS) to $225 from $185 and keeps an Overweight rating on the shares ahead of the Q3 earnings and post-October 30 announcement to sell Varec. Leidos has a lot of dynamics that can help drive healthy outperformance over the next 12 months, though a potential Civil earnings compression could drive underperformance, the analyst tells investors in a research note.
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