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Fly News Breaks for September 20, 2019
SAIC
Sep 20, 2019 | 06:03 EDT
Barclays analyst David Strauss started SAIC with an Overweight rating and $105 price target. The analyst initiated coverage of U.S. government services and is selective on the stocks given recent outperformance, noting that valuations are now ~10% above large cap defense. For SAIC, he sees see upside to low expectations for the acquired EGL "appears to be stabilizing after years of underperformance."
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