Pacific Crest Cuts SAIC (SAI) to Sector Perform

Article Stock Quotes (1) Comments (0)

An analyst at Pacific Crest has downgraded shares of SAIC Inc. (NYSE: SAI) following news from this morning that the company has won an intelligence operations support contract from the US Army.

The firm now rates SAI shares a Sector Perform, down from Outperform previously.

In light of the analyst downgrade, the contract news appears to be holding up stock up this morning. At last check, shares of SAIC were up very modestly (0.07%) to $15.19.

Check out our Analyst Ratings page to track all the upgrades/downgrades on SAI shares.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: MKM Partners Downgrades Alkermes (ALKS) to Sell
• Macquarie Downgrades Melco Crown Enter. (MPEL) to Neutral
• Standpoint Research Downgrades Procter & Gamble (PG) to Sell

Create E-mail Alert Related Categories

Downgrades

Related Entities

Pacific Crest Securities

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?