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Fly News Breaks for December 21, 2018
LDOS
Dec 21, 2018 | 08:55 EDT
Cowen analyst Kai von Rumohr said he sees limited downside in Leidos since the stock is down roughly 18% since November. The analyst said improved bookings bode well for 2019 revenue growth and he believes Genesis activity will likely pick up in 2020. von Rumohr reiterated his Outperform rating and lowered his price target to $74 from $77 on Leidos shares.
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