Down -12.72% in 4 Weeks, Here's Why Leidos (LDOS) Looks Ripe for a Turnaround
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Leidos (LDOS) has experienced a 12.72% decline over the past four weeks, placing it in oversold territory. The selling pressure may have exhausted, and with Wall Street analysts raising earnings estimates, a trend reversal could be on the horizon.
January 02, 2025 | 4:00 pm
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Leidos (LDOS) has seen a significant decline of 12.72% in the past month, entering oversold territory. Analysts are optimistic, raising earnings estimates, which could signal a potential trend reversal.
The stock's significant decline has led it into oversold territory, suggesting that the selling pressure may have been overdone. The consensus among analysts to raise earnings estimates indicates positive sentiment and potential for a price rebound.
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