B. Riley Securities Maintains Buy on Telos, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Zach Cummins maintains a Buy rating on Telos (NASDAQ:TLS) but lowers the price target from $5.5 to $4.
August 12, 2024 | 4:14 pm
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B. Riley Securities analyst Zach Cummins maintains a Buy rating on Telos but lowers the price target from $5.5 to $4.
The maintained Buy rating suggests continued confidence in Telos, but the lowered price target indicates a more cautious outlook on its short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100