Cowen restated their hold rating on shares of Science Applications International (NYSE:SAIC) in a report issued on Friday. Cowen currently has a $72.00 price objective on the information technology services provider’s stock.

Several other research firms have also issued reports on SAIC. Vertical Research upgraded Science Applications International from a hold rating to a buy rating and set a $83.00 price target on the stock in a research report on Friday. Zacks Investment Research upgraded Science Applications International from a sell rating to a hold rating in a research report on Wednesday, December 6th. BidaskClub upgraded Science Applications International from a buy rating to a strong-buy rating in a research report on Friday, October 27th. Wells Fargo & Company upgraded Science Applications International from a market perform rating to an outperform rating and set a $80.00 price target on the stock in a research report on Wednesday, October 25th. Finally, Jefferies Group restated a hold rating and issued a $66.00 price target on shares of Science Applications International in a research report on Tuesday, October 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $79.57.

Science Applications International (NYSE SAIC) opened at $79.97 on Friday. Science Applications International has a 12-month low of $60.21 and a 12-month high of $89.87. The company has a debt-to-equity ratio of 3.09, a current ratio of 1.34 and a quick ratio of 1.15. The stock has a market capitalization of $3,419.98, a price-to-earnings ratio of 21.44, a PEG ratio of 4.47 and a beta of 1.60.

In other Science Applications International news, COO Nazzic S. Keene sold 18,772 shares of Science Applications International stock in a transaction dated Friday, October 13th. The stock was sold at an average price of $68.85, for a total transaction of $1,292,452.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 2.94% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. Arizona State Retirement System lifted its holdings in Science Applications International by 0.5% during the second quarter. Arizona State Retirement System now owns 18,400 shares of the information technology services provider’s stock worth $1,277,000 after acquiring an additional 100 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in Science Applications International by 3.5% during the second quarter. Teacher Retirement System of Texas now owns 3,521 shares of the information technology services provider’s stock worth $244,000 after acquiring an additional 119 shares in the last quarter. Stifel Financial Corp lifted its holdings in Science Applications International by 4.6% during the second quarter. Stifel Financial Corp now owns 2,927 shares of the information technology services provider’s stock worth $203,000 after acquiring an additional 128 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in Science Applications International by 0.8% during the second quarter. PNC Financial Services Group Inc. now owns 17,672 shares of the information technology services provider’s stock worth $1,227,000 after acquiring an additional 136 shares in the last quarter. Finally, Texas Permanent School Fund lifted its holdings in Science Applications International by 0.4% during the second quarter. Texas Permanent School Fund now owns 31,910 shares of the information technology services provider’s stock worth $2,215,000 after acquiring an additional 139 shares in the last quarter. Hedge funds and other institutional investors own 63.47% of the company’s stock.

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About Science Applications International

Science Applications International Corporation (SAIC) is a provider of technical, engineering and enterprise information technology (IT) services. The Company provides its services primarily to the United States Government, including the Department of Defense (DoD), the intelligence community and federal civilian agencies.

Analyst Recommendations for Science Applications International (NYSE:SAIC)

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