Analysis

Leidos Holdings Downgraded to Buy by StockNews.com

Published April 29, 2024

Leidos Holdings LDOS, operating in the defense and information technology sector, has experienced a change in its stock rating. StockNews.com, a research firm, adjusted their recommendation from a "strong-buy" to a "buy" status in their latest report issued on Friday. This change signifies a slightly more conservative outlook on the company's stock by the analysts.

Analysts' Perspectives on LDOS

Several other equity research analysts have offered their opinions on LDOS shares, presenting a broad range of perspectives that guide potential investors. Leidos, known for its efforts in defense, aviation, IT services from the former Lockheed Martin IS&GS, and biomedical research, has a significant presence in its industry. The diverse range of services it provides makes it an interesting subject for market analysts to assess its stock's potential performance.

About Leidos Holdings

Leidos, previously named Science Applications International Corporation (SAIC), is headquartered in Reston, Virginia. As a leader in the provision of scientific, engineering, systems integration, and technical services, LDOS plays a crucial role in supporting government and private sector operations. The downgrade, while a step back from the "strong-buy" designation, still affirms the stock as a favorable choice for investors according to StockNews.com's analysts.

Leidos, Downgrade, StockRating