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LDOS — Leidos Holdings News Story

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JP Morgan lifts Leidos PT on defense-led growth

** JP Morgan raises PT on defense contractor Leidos Holdings LDOS.N to $230 from $205, maintains rating at "overweight"

** New PT shows an upside of 18% from the stock's last close

** Brokerage says Leidos is set to grow next year, led by defense and intelligence programs, while health services face headwinds and international opportunities remain mixed

     ** Adds co has strong cash reserves and low debt, giving it flexibility for both acquisitions and buy backs

** Ten of seventeen brokerages rate the stock "buy" or higher, seven "hold" ; their median PT is $218- data compiled by LSEG

** Stock up 35.2% YTD, as of last close

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))

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