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Leidos price target raised to $112 from $103 at Baird

Leidos price target raised to $112 from $103 at Baird

Baird raised the firm’s price target on Leidos to $112 from $103 and keeps an Outperform rating on the shares. The firm said they delivered impressive beat and raise 3Q23 results, characterized by healthy margin expansion, better-than-expected FCF generation, and a step-up in long-term expectations within Health.

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