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Bullish, based on a positive initiation and meaningful target upside, with limited confidence because it is one analyst’s opinion.
What happened, with direct paths to the underlying reporting
Oppenheimer initiated coverage of Leonardo DRS with an Outperform rating and a $45 target versus the posted price of $33.98, indicating notable potential upside. This is a single analyst opinion.
Target: $45
Posted price: $33.98
Analyst firm: Oppenheimer
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