Science Applications (SAIC) Receives a Hold from Cowen & Co.


In a report released today, Cai Rumohr from Cowen & Co. maintained a Hold rating on Science Applications (NYSE: SAIC), with a price target of $82. The company’s shares closed yesterday at $81.65.

According to TipRanks.com, Rumohr is a top 100 analyst with an average return of 18.0% and a 77.3% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

Science Applications has an analyst consensus of Moderate Buy, with a price target consensus of $91.25, implying an 11.8% upside from current levels. In a report released yesterday, Drexel Hamilton also maintained a Hold rating on the stock.

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Science Applications’ market cap is currently $3.51B and has a P/E ratio of 20.07. The company has a Price to Book ratio of 10.80.

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock.

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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.

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