BofA raised the firm’s price target on Leidos (LDOS) to $235 from $200 and keeps a Buy rating on the shares. The firm, which raised estimates to reflect strength at Defense Systems, contends that the five pillars of Leidos’ North Star 2030 strategy are well aligned with key Trump administration funding priorities.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LDOS: