Cowen & Co. Keeps Their Hold Rating on Science Applications (SAIC)
In a report released today, Cai Rumohr from Cowen & Co. maintained a Hold rating on Science Applications (SAIC), with a price target of $82. The company’s shares closed yesterday at $64.94, close to its 52-week low of $63.15.
According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 11.9% and a 60.8% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, L3 Technologies Inc, and Spirit AeroSystems.
Currently, the analyst consensus on Science Applications is a Moderate Buy with an average price target of $85.33.
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The company has a one-year high of $93.31 and a one-year low of $63.15. Currently, Science Applications has an average volume of 382.1K.
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Science Applications International Corp. engages in the provision of engineering, systems integration and information technology services. It offers technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services spanning the design, development, integration, deployment, management and operations, sustainment and security of its customer’s information technology infrastructure. The company was founded by J. Robert Beyster in 1969 and is headquartered in McLean, VA.