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Research Alert: CFRA Maintains Hold Rating On Shares Of Leidos Holdings, Inc.

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lower our 12-month target price by $50 to $145, 11.2x our 2027 EPS estimate, vs. the peer average of 12.3x. We keep our 2026 EPS view unchanged at $12.30 and increase 2027's by $0.14 to $12.92. Reflecting strong business momentum, LDOS raised its full-year 2026 guidance, lifting revenue to a range of $18.0B-$18.4B (vs. $17.5B-$17.9B) and adjusted EPS to $12.10-$12.50 (vs. $12.05-$12.45). This confidence is driven by the successful execution of its NorthStar 2030 strategy, highlighted by the completed Entrust acquisition and a new security products joint venture. While facing temporary margin pressures from program delays and integration costs, these risks are offset by an exceptionally strong financial foundation, demonstrated by $301 million in Q1 operating cash flow. This, combined with 31% year-over-year growth in funded backlog of $9.6B and a healthy 1.1x trailing book-to-bill ratio, provides reasonable near-term revenue assurance.

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