In a report released today, Alex Henderson from Needham maintained a Hold rating on Telos (TLS – Research Report). The company’s shares closed last Friday at $3.96.
According to TipRanks, Henderson is a 5-star analyst with an average return of 14.4% and a 56.16% success rate. Henderson covers the Technology sector, focusing on stocks such as Ceragon Networks, Ciena, and Extreme Networks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Telos with a $6.00 average price target.
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TLS market cap is currently $275.7M and has a P/E ratio of -7.96.
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Telos (TLS) Company Description:
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 management to meet virtually with Northland
- Telos Corporation Announces Substantial Progress on New Business Capture; Reports Fourth Quarter and Full Year 2023 Results Above Expectations
- Telos sees Q1 revenue $28M-$29M, consensus $33.06M
- Telos reports Q4 adjusted EPS (10c), consensus (12c)
- TLS Earnings this Week: How Will it Perform?
