Jefferies Maintains a 'Buy' on SAIC, Inc. (SAI); Splitting Up is Easy to Do
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Price: $15.49 --0%
Rating Summary:
1 Buy, 9 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 25 | New: 12
Rating Summary:
1 Buy, 9 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 25 | New: 12
Trade SAI Now!
Jefferies maintains a 'Buy' on SAIC, Inc. (NYSE: SAI) price target of $16.00.
Analyst, Jason Kupferberg, said, "Following a strategic review under its new CEO, SAI announced plans today in conjunction with F2Q13 earnings to split into two independent, publicly-traded companies. We believe this development will be well-received by shareholders, given the drag from SAI's low-growth businesses. The quarter itself was stronger on the top-line than bottom-line."
For an analyst ratings summary and ratings history on SAIC, Inc. click here. For more ratings news on SAIC, Inc. click here.
Shares of SAIC, Inc. closed at $11.81 yesterday, with a 52 week range of $10.31-$15.18.
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Analyst, Jason Kupferberg, said, "Following a strategic review under its new CEO, SAI announced plans today in conjunction with F2Q13 earnings to split into two independent, publicly-traded companies. We believe this development will be well-received by shareholders, given the drag from SAI's low-growth businesses. The quarter itself was stronger on the top-line than bottom-line."
For an analyst ratings summary and ratings history on SAIC, Inc. click here. For more ratings news on SAIC, Inc. click here.
Shares of SAIC, Inc. closed at $11.81 yesterday, with a 52 week range of $10.31-$15.18.
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