Down -12.67% in 4 Weeks, Here's Why Leidos (LDOS) Looks Ripe for a Turnaround
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Leidos (LDOS) has seen a significant drop of 12.67% over the past four weeks, making it technically oversold. This suggests a potential trend reversal, especially as Wall Street analysts are revising earnings estimates higher.
February 21, 2025 | 3:45 pm
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Leidos (LDOS) has dropped 12.67% in the last four weeks, becoming technically oversold. Analysts are revising earnings estimates higher, indicating a potential trend reversal.
The stock's oversold status suggests that the selling pressure may have exhausted, and the upward revision of earnings estimates by analysts supports a potential price increase. This combination of technical and fundamental factors indicates a likely positive short-term impact on LDOS stock.
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