Stifel resumed coverage of SAIC (SAIC) with a Buy rating and $130 price target The firm likes the relative positioning of smaller service companies and believes SAIC’s ability to pivot and adapt to the changed priorities of the U.S. government is underappreciated. The company is appropriately trying to focus on new areas of growth and the stock should react positively react once progress is visible in SAIC’s awards and financial results, the analyst tells investors in a research note.
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