Argus Research Upgrades Leidos Holdings to Buy, Announces $120 Price Target
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst John Eade has upgraded Leidos Holdings (NYSE:LDOS) from Hold to Buy and set a price target of $120.
November 17, 2023 | 6:16 pm
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Leidos Holdings was upgraded by Argus Research from Hold to Buy with a new price target of $120, suggesting a positive outlook on the stock.
Upgrades by analysts, especially from Hold to Buy, typically indicate a positive change in the company's fundamentals or future outlook, which can lead to increased investor confidence and a potential rise in stock price. The new price target of $120 implies a significant upside from the current trading level, which may attract investors.
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IMPORTANCE 90
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