Wells Fargo Maintains Overweight on Leidos Holdings, Lowers Price Target to $121
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers has maintained an Overweight rating on Leidos Holdings (NYSE:LDOS) but lowered the price target from $129 to $121.

September 18, 2023 | 1:10 pm
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Leidos Holdings' price target has been lowered from $129 to $121 by Wells Fargo, though the Overweight rating is maintained.
The lowering of the price target by Wells Fargo could potentially create a negative sentiment among investors. However, the maintained Overweight rating indicates that the analyst still sees the stock as a good investment, which could balance out the potential negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100