Truist analyst Tobey Sommer lowered the firm’s price target on SAIC (SAIC) to $115 from $135 and keeps a Hold rating on the shares after its Q4 results. The company raised FY26/27 financial targets but maintained its organic growth rate outlook, and the firm wants to see SAIC to demonstrate progress on the business development improvement effort and achieve the 1.2 book to bill target in the first half of Fy26 before becoming more constructive, the analyst tells investors in a research note.
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