SAIC price target raised to $148 from $139 at Wells Fargo

Wells Fargo analyst Matthew Akers raised the firm’s price target on SAIC (SAIC) to $148 from $139 and keeps an Overweight rating on the shares. The firm says that the Q4 call offered a note of caution, although not much actual impact from government efficiency actions, while SAIC bumped up its multi-year targets. Wells remains bullish and sees upside as DOGE uncertainty clears.