Wells Fargo Remains a Hold on Science Applications (SAIC)

By Austin Angelo

In a report released yesterday, Edward Caso from Wells Fargo maintained a Hold rating on Science Applications (SAICResearch Report). The company’s shares closed yesterday at $64.94, close to its 52-week low of $63.15.

Caso has an average return of 10.4% when recommending Science Applications.

According to TipRanks.com, Caso is ranked #2600 out of 5115 analysts.

Science Applications has an analyst consensus of Moderate Buy, with a price target consensus of $85.60, representing a 31.8% upside. In a report released today, Cowen & Co. also maintained a Hold rating on the stock with a $82 price target.

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The company has a one-year high of $93.31 and a one-year low of $63.15. Currently, Science Applications has an average volume of 379.7K.

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Science Applications International Corp. engages in the provision of engineering, systems integration and information technology services. It offers technology and equipment platform integration; maintenance of ground and maritime systems; logistics; training and simulation; operation and program support services; and end-to-end services spanning the design, development, integration, deployment, management and operations, sustainment and security of its customer’s information technology infrastructure. The company was founded by J. Robert Beyster in 1969 and is headquartered in McLean, VA.