Northland Securities analyst Nehal Chokshi maintained a Hold rating on Telos (TLS – Research Report) today and set a price target of $2.50. The company’s shares closed yesterday at $2.07.
Chokshi covers the Technology sector, focusing on stocks such as Super Micro Computer, CSG Systems International, and Agilysys. According to TipRanks, Chokshi has an average return of 23.4% and a 61.59% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Telos with a $2.63 average price target.
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TLS market cap is currently $144M and has a P/E ratio of -3.13.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TLS in relation to earlier this year.
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Telos Corp is an information technology company. Along with its subsidiaries, the company engages in designing and providing technologies to deliver solutions that empower and protect the enterprises. It generates revenue from software license, delivery of the software and from contracts and sub contracts for the United States Government.
Read More on TLS:
- Telos Corporation Awarded Contract Extension with Central Intelligence Agency
- Telos awarded contract extension with CIA
- Telos Corporation Awarded Five-Year Contract with Defense Information Systems Agency
- Telos awarded five-year contract with DISA
- Telos Corporation becomes TSA’s second official TSA PreCheck® enrollment provider
