Citi analyst Jason Gursky maintains $Leidos (LDOS.US)$ with a buy rating, and adjusts the target price from $194 to $220.
According to TipRanks data, the analyst has a success rate of 73.7% and a total average return of 20.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Leidos (LDOS.US)$'s main analysts recently are as follows:
Leidos surpassed Q3 consensus forecasts, increased its outlook for the third consecutive occasion, and offered an initial perspective on its 2025 projections. The company's growth is anticipated to quicken in 2026 to a mid-single digit pace due to recent victories and a strong pipeline.
Leidos' Q3 outcomes surpassed consensus forecasts, particularly in terms of margins, and the company's management commentary suggests the continuation of this positive trend. Leidos now boasts higher consolidated margins compared to the majority of its competitors within the Government IT sector.
The firm acknowledges Leidos' third-quarter earnings surpassing expectations along with an upward revision in the company's guidance. This performance is attributed to the robustness across its broader portfolio. Additionally, the positive sentiment regarding the Health sector and the favorable reception of management's preliminary outlook for 2025 by investors were noted.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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