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SAIC price target raised to $108 from $99 at Morgan Stanley

Morgan Stanley analyst Matthew Sharpe raised the firm’s price target on SAIC to $108 from $99 and keeps an Overweight rating on the shares after the company reported Q3 earnings and "delivered encouraging results." FY23 revenue and EPS guidance was raised and the FY24 outlook came in "generally ahead of expectations," Sharpe tells investors.

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Published first on TheFly

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