In a report released yesterday, Mariana Perez Mora from Bank of America Securities reiterated a Buy rating on Leidos Holdings (LDOS – Research Report), with a price target of $220.00.
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Mariana Perez Mora’s rating is based on Leidos Holdings’ strategic initiatives and alignment with significant industry trends. The company’s newly announced NorthStar 2030 growth strategy focuses on crucial areas such as IT modernization, advanced warfighting capabilities, and increased privatization, which are expected to enhance the company’s efficiency and agility in meeting U.S. government priorities.
Additionally, Leidos’ strong position in next-generation security solutions, including space surveillance and maritime autonomy, aligns with the U.S. administration’s priorities, potentially increasing demand for its offerings. The company’s demonstrated success in public-private partnerships and its strategic capital deployment, including share repurchases, further strengthen its financial positioning, supporting the Buy rating with a price objective of $220.
In another report released yesterday, Robert W. Baird also maintained a Buy rating on the stock with a $176.00 price target.
LDOS’s price has also changed slightly for the past six months – from $144.690 to $136.850, which is a -5.42% drop .