Leidos Stock Rated Hold as Analysts Cut Targets Ahead of Dividend
Analysts largely maintained a “hold” view on Leidos, with Truist lowering its target to $160 and RBC cutting its to $170 while keeping buy and outperform stances. The company reported 7.2% higher revenue year over year, declared a quarterly dividend payable September 30, and authorized an open-market share repurchase. Directors also sold shares in August and September.