Fly News Breaks for January 31, 2020
Jan 31, 2020 | 07:08 EDT
As previously reported, Benchmark analyst Josh Sullivan initiated coverage of SAIC with a Buy rating and $110 price target. SAIC is one of the largest pure-play government service providers and technology integrators and its strategy to gain both scale and expertise in intelligence and space verticals is playing out, said Sullivan, who also noted that the company is guiding to an industry leading 8% free cash flow yield.
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