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Telos Plunges 13.06% Amid Lawsuit, Bearish Outlook
Generated by AI AgentAinvest Movers Radar
Thursday, Apr 24, 2025 5:53 am ET1min read
On April 24, 2025,
experienced a significant drop of 13.06% in pre-market trading, raising concerns among investors about the company's short-term prospects.Analysts have expressed bearish sentiments regarding Telos' stock, with some predicting a further decline of 28.08% over the next three months. This pessimistic outlook is supported by recent adjustments in price targets and ratings by major
. DA Davidson, for instance, lowered their price target for Telos from $3.50 to $2.50 and maintained a "neutral" rating on the stock.Adding to the uncertainty, an investor has filed a lawsuit against
, alleging violations of Federal Securities Laws. This legal action could potentially impact the company's reputation and financial performance, further contributing to the downward pressure on its stock price.
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