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Leidos Stock Rated Hold as Analysts Cut Targets Ahead of Dividend

Leidos logoLeidos
Sig1.70Sen+0.60Env0.00Soc0.00Gov0.00

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.

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