Truist cuts PT for SAIC as co faces project timing headwinds

Science Applications International

04/06/2024 18:53

** Truist Securities cuts PT for Science Applications
International Corp  SAIC.O  to $125 from $130, rating the stock
"hold"
    ** The new price target still represents a 5.9% to the
stock's last close. 
    ** Truist says co is dealing with project milestone timing
headwinds
    ** On Monday, co reported adj. EPS of $1.92 vs $2.14 a year
ago
    ** Shares down about 5% YTD 

 (Reporting by Aishwarya Jain in Bengaluru)
 ((Aishwarya.Jain@thomsonreuters.com;))