Leidos price target raised to $220 from $194 at Citi

Citi raised the firm’s price target on Leidos (LDOS) to $220 from $194 and keeps a Buy rating on the shares. Leidos beat Q3 consensus expectations, raised guidance for a third consecutive time, and provided a first look on 2025, the analyst tells investors in a research note. The firm says the company’s growth looks set to accelerate in 2026 to mid-single digit given recent wins and a robust pipeline.