BMO Capital Maintains Market Perform on Telos, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains a Market Perform rating on Telos (NASDAQ:TLS) and lowers the price target from $4.5 to $4.

May 13, 2024 | 1:41 pm
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BMO Capital has maintained its Market Perform rating on Telos but reduced the price target from $4.5 to $4, indicating a cautious outlook.
The reduction in price target by a reputable analyst firm like BMO Capital suggests a cautious or bearish outlook on Telos's short-term price potential. Analyst ratings and price target adjustments are significant indicators for investors, often influencing stock prices. The downgrade, even while maintaining the same rating, could lead to negative investor sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100