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UPDATE: Jefferies Reiterates On Science Applications International Corp On Updated Estimates

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Courtesy of Benzinga.

In a report published Friday, Jefferies analyst Jason Kupferberg reiterated a Hold rating on Science Applications International Corp (NYSE: SAIC), and raised the price target from $41.00 to $44.00.

In the report, Jefferies noted, “In the government IT services space, Hold-rated LDOS and SAIC reported their F2Q results this week, and we are updating our F15/F16 revs/EPS ests for both the companies. We are also lowering our Price Target for LDOS from $38 to$36, but raising our Price Target for SAIC from $41 to $44. We maintain our Hold-rating for both the companies.”

Science Applications International Corp closed on Thursday at $47.71.

Latest Ratings for SAIC

Date Firm Action From To
Jul 2014 Stifel Nicolaus Initiates Coverage on Hold
Jun 2014 JP Morgan Maintains Overweight
Apr 2014 Wells Fargo Upgrades Underperform Market Perform

View More Analyst Ratings for SAIC
View the Latest Analyst Ratings

Posted-In: Jason Kupferberg JefferiesAnalyst Color Price Target Analyst Ratings

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