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Fly News Breaks for August 18, 2016
LDOS
Aug 18, 2016 | 08:01 EDT
Cowen analyst Cai von Rumohr lowered his price target on Leidos after resetting numbers following its special dividend. The analyst believes the original turnaround by the company is evolving into a growth story. Growth will be helped by free cash flow, cost, and revenue synergies. von Rumohr reiterated his Outperform rating on Leidos shares.
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