Science Applications Int'l (SAIC) Misses Q1 EPS by 3c, Revenues Beat; Offers FY21 EPS Guidance Below Consensus, Provides FY21 Revenue Outlook

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Science Applications (SAIC) PT Raised to $100 at Cowen

June 5, 2020 8:39 AM EDT

Cowen analyst Cai Von Rumohr raised the price target on Science Applications (NYSE: SAIC) to $100.00 (from $95.00) while maintaining a Outperform rating following the 1Q earnings report. Adjusted EPS of $1.38 missed the Street by $0.03. Q1's solid net book-bill of 0.91x was driven by $650MM... More