Institutional investors buy shares in SAIC amid mixed "Hold" ratings and $1.92 EPS for Q2.

Sumitomo Mitsui Trust Holdings, Louisiana State Employees Retirement System and other institutional investors have been buying shares in Science Applications International Co. (SAIC). Despite this, recent analyst ratings have been mixed, with StockNews.com, JPMorgan Chase & Co., and Truist Financial all giving a "Hold" rating to the company's stock, with an average rating of "Hold" and a consensus price target of $125.00. SAIC reported $1.92 earnings per share for the second quarter, meeting analysts' expectations.

August 26, 2024
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