Telos (TLS) Secures Defense Deals as B. Riley Sees Undervalued Cyber Play

From Yahoo Finance: 2025-06-28 05:15:00

Telos Corporation (NASDAQ:TLS) is among the 10 best debt-free IT penny stocks to buy. Despite a recent downward revision in price target, Telos Corp (TLS) is focusing on secure communications and cyber governance. B. Riley lowered Telos’ price target to $3.75 due to an overreaction post-Q1 results, but maintains a Buy rating and believes in the company’s improving fundamentals and future performance. Telos secured $3.7 million contract renewal with the U.S. Air Force Intelligence Community and a $14 million contract from DISA, highlighting its role in national security-focused IT solutions and managing mission-critical communication infrastructure. Telos Corporation (NASDAQ:TLS) provides cybersecurity, secure mobility, and identity management solutions to government and commercial clients.



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