Leidos resumed with a Buy at Stifel

Stifel resumed coverage of Leidos (LDOS) with a Buy rating and $178 price target Leidos is a “well-diversified” government services contractor with a “strong strategy” that will pivot the company towards growth areas, the analyst tells investors in a research note. The firm says its Buy rating reflects a positive view on the company’s strategy and its ongoing mix shift towards higher margin businesses.