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Fly News Breaks for June 3, 2019
SAIC
Jun 3, 2019 | 07:47 EDT
Morgan Stanley analyst Matthew Sharpe initiated coverage of the Government Services industry, starting SAIC with an Overweight rating and calling it is top pick in the space. The analyst, who set a $96 price target on SAIC shares, said he favors the company's free cash flow generation and notable synergy opportunities via the recent Engility merger.
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