Goldman Sachs analyst Noah Poponak lowered the firm’s price target on SAIC (SAIC) to $91 from $104 and keeps a Sell rating on the shares. The company’s Q2 revenue declined organically and its FY26 guidance was reduced to reflect a faster rate of decline in Q3, the analyst tells investors in a research note. The firm sees a risk of a multi-year revenue and margin slowdown, as government priority changes and funding re-allocations often take time to play out, Goldman Sachs added.
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