Telos (NASDAQ:TLS) Price Target Raised to $4.50 at BMO Capital Markets

Telos (NASDAQ:TLS) had its price target raised by BMO Capital Markets from $3.00 to $4.50 in a research note released on Wednesday morning,Benzinga reports. The firm currently has a market perform rating on the stock.

A number of other equities research analysts have also weighed in on TLS. B. Riley reissued a “buy” rating and set a $5.00 target price on shares of Telos in a report on Thursday, August 29th. DA Davidson reduced their price objective on shares of Telos from $3.50 to $2.50 and set a “neutral” rating on the stock in a research note on Monday, August 12th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Telos in a research report on Monday, August 12th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $4.80.

Telos Stock Performance

Shares of TLS stock opened at $3.30 on Wednesday. Telos has a twelve month low of $1.89 and a twelve month high of $5.03. The stock’s fifty day simple moving average is $3.62 and its 200 day simple moving average is $3.69. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.70 and a current ratio of 3.64.

Hedge Funds Weigh In On Telos

Several hedge funds and other institutional investors have recently bought and sold shares of TLS. US Bancorp DE bought a new position in shares of Telos in the 3rd quarter worth about $39,000. Intech Investment Management LLC acquired a new stake in Telos during the third quarter worth approximately $49,000. SG Americas Securities LLC bought a new stake in Telos in the first quarter worth approximately $58,000. Lazard Asset Management LLC bought a new stake in Telos in the first quarter worth approximately $58,000. Finally, Public Employees Retirement System of Ohio acquired a new position in Telos in the third quarter valued at approximately $64,000. Institutional investors and hedge funds own 62.14% of the company’s stock.

Telos Company Profile

Telos Corporation, together with its subsidiaries, provides cyber, cloud, and enterprise security solutions worldwide. The company operates in two segments, Security Solutions and Secure Networks. It provides Xacta, a platform for enterprise cyber risk management and security compliance automation; and consulting, assessment and compliance, engineering and evaluation, operations, and penetration testing services.