SAIC (SAI) Misses Q1 EPS by 3c, Offers Guidance

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Jefferies Lifts PT on SAIC (SAI) to $19 Despite Mixed Q1

June 4, 2013 8:57 AM EDT

Jefferies boosted its price target on SAIC, Inc. (NYSE: SAI) sharply from $14.50 to $19 following mixed Q1 results, but a reiterated F14 guidance.

Analyst Jason Kupferberg comments, SAI's F1Q was mixed, with weak bookings amid a tough government budget backdrop, but revenue... More