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Leonardo DRS price target raised to $30 from $26 at Baird

Baird analyst Peter Arment raised the firm’s price target on Leonardo DRS to $30 from $26 and keeps an Outperform rating on the shares. The firm maintainis its bullish outlook on the shares, following solid 2Q24 results that reflected a double-digit top-line and EPS beat, while 2026 investor day targets were reiterated.

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