Truist raised the firm’s price target on Leidos to $115 from $110 and keeps a Buy rating on the shares. The analyst cites the company’s strong revenue and backlog growth, along with increased FY23 guidance. Truist adds that it remains optimistic about Leidos’s growth and profitability outlook.
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Read More on LDOS:
- Leidos price target raised to $121 from $111 at TD Cowen
- Leidos price target raised to $112 from $103 at Baird
- Leidos price target raised to $136 from $124 at Citi
- Early notable gainers among liquid option names on October 31st
- Leidos raises FY23 EPS view to $6.80-$7.10 from $6.40-$6.80, consensus $6.68
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