Telos Co. (NASDAQ:TLS) Receives Consensus Recommendation of “Buy” from Analysts


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Telos Co. (NASDAQ:TLS) has been given an average rating of “Buy” by the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Seven analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $31.00.

A number of research firms recently issued reports on TLS. B. Riley boosted their target price on shares of Telos from $34.50 to $40.00 and gave the company a “buy” rating in a research report on Tuesday. Colliers Securities began coverage on shares of Telos in a research report on Monday, December 14th. They set a “buy” rating and a $29.00 target price on the stock. DA Davidson began coverage on shares of Telos in a research report on Monday, December 14th. They set a “buy” rating and a $30.00 target price on the stock. BMO Capital Markets began coverage on shares of Telos in a research report on Monday, December 14th. They set an “outperform” rating and a $24.00 target price on the stock. Finally, Northland Securities boosted their target price on shares of Telos from $26.00 to $33.00 and gave the company an “outperform” rating in a research report on Wednesday, December 23rd.

TLS traded up $0.49 during trading on Friday, reaching $32.83. 17,849 shares of the company’s stock were exchanged, compared to its average volume of 630,389. Telos has a one year low of $18.08 and a one year high of $33.75. The stock has a fifty day moving average price of $26.06.

In other news, Director John W. Maluda bought 441 shares of Telos stock in a transaction dated Thursday, November 19th. The stock was purchased at an average price of $7,497.00 per share, for a total transaction of $3,306,177.00. Following the purchase, the director now directly owns 63,930 shares in the company, valued at approximately $479,283,210. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

About Telos

Telos Corporation, together with its subsidiaries, provides information technology (IT) solutions and services worldwide. The company offers solutions that secure cyberspace, the cloud environment, and the people and operations of the enterprise. It provides Xacta, a premier solution for continuous assessment and authorization, which is used by the department of defense (DoD), intelligence communities, and civilian government, as well as by commercial businesses; enterprise cloud services, including engineering, migration, security, and managed services; and Telos Ghost, a cybersecurity solution that gives organizations an anonymous way to do business, connect with global resources, and conduct research online for intelligence gathering, cyber threat protection, securing critical infrastructure, and protecting communications and applications.

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Analyst Recommendations for Telos (NASDAQ:TLS)

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