Wells Fargo Maintains Equal-Weight on Science Applications Intl, Raises Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers has maintained an Equal-Weight rating on Science Applications Intl (SAIC) and increased the price target from $141 to $143.
March 19, 2024 | 10:33 am
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Wells Fargo maintains an Equal-Weight rating on SAIC, raising the price target from $141 to $143.
The increase in price target by Wells Fargo suggests a positive outlook on SAIC's stock, potentially leading to a short-term increase in its stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector average, but the raised target price signals confidence in some level of outperformance.
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IMPORTANCE 75
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