Telos Analyst Boosts Price Target By 30% After Winning TSA ATO, A Potential Driver Of Significant Upside


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


  • Needham analyst Alex Henderson maintained Telos Corp (NASDAQ:TLS) with a Buy and raised the price target from $10 to $13.
  • Telos announced today that the Transportation Security Administration had granted the company the authority to operate its TSA Precheck System
  • Telos can now first provide initial trial enrollment services to a limited population of applicants to validate systems and processes. However, it still expects the ATO to be launched broadly in CY22. 
  • TSA was initially likely to contribute ~$100 million to Telo's Revenue in CY22. Still, push-outs and delays led him to entirely remove TSA from the forecasts, making it a potential driver of significant upside. 
  • He was encouraged by the news. 
  • He saw it as a step in the right direction that could drive an upside to his model in CY23. 
  • Price Action: TLS shares traded higher by 16.6% at $9.75 on the last check Thursday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsPrice TargetReiterationSmall CapAnalyst RatingsMoversTechTrading IdeasBriefswhy it's moving