Stock Track | Telos Corporation Soars 5.93% Pre-Market on Analyst Upgrades

Stock Track11-11

Shares of Telos Corporation (TLS) are surging 5.93% in pre-market trading on Tuesday, following two significant analyst upgrades. The cybersecurity firm's stock is gaining momentum as Wall Street expresses increased confidence in its potential.

The rally comes after Northland Capital and Wedbush both raised their price targets for Telos. Northland Capital increased its target from $7 to $9, while Wedbush lifted its projection from $9 to $10. These upgrades suggest that analysts see more upside potential in Telos's stock price, likely driven by positive expectations for the company's performance and market position.

According to FactSet, the average analyst rating for Telos is currently "overweight," with a mean price target of $8.30. This overall positive sentiment, combined with the recent target price increases, appears to be fueling investor optimism and driving the stock's pre-market surge. As the market opens, investors will be watching closely to see if Telos can maintain this upward momentum throughout the trading session.

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