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Fly News Breaks for July 30, 2015
LDOS
Jul 30, 2015 | 07:35 EDT
Citi says shares of Leidos may be under pressure after the Department of Defense contract size came in at $4.3B over 10 years, below the oft-quoted $11B. The stock closed up 5% yesterday on win speculation, Citi points out. It continues to like the stock and views the contract award as a positive development. Citi keeps a Buy rating on Leidos with a $47 price target.
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