B. Riley Securities Maintains Buy on Telos, Raises Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Telos (NASDAQ:TLS) and raised the price target from $4 to $5, indicating confidence in the company's future performance.
August 21, 2024 | 12:59 pm
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B. Riley Securities has increased its price target for Telos from $4 to $5 while maintaining a Buy rating, suggesting positive expectations for the company's stock performance.
The increase in price target from $4 to $5 by B. Riley Securities, along with the maintained Buy rating, indicates a positive outlook for Telos. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100