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Enter Symbol:
 
Saic Inc (SAI) [hlAlert]

Rating:
Underperform
SAI
down 28.07 %

Saic Inc (SAI) downgraded to Underperform by Wells Fargo

Posted on: Thursday,  Oct 4, 2012  8:25 AM ET by Wells Fargo

Wells Fargo rated Underperform Saic Inc (NYSE: SAI) on 10/04/2012, when the stock price was $46.12. Since
then, Saic Inc has gained 39.03% as of 09/27/2015's recent price of $64.12.
If you would have followed this Wells Fargo's recommendation on SAI, you would have lost 28.07% of your investment in 1088 days.

SAIC, Inc. is a provider of scientific, engineering, systems integration and technical services and solutions to all branches of the United States military, agencies of the United States Department of Defense (DoD), the intelligence community, the United States Department of Homeland Security (DHS) and other United States Government civil agencies, state and local government agencies, foreign governments and customers in select commercial markets. The Company operates in three segments: Government, Commercial, and Corporate and Other. Its operating business units are aggregated into the Government or Commercial segments, depending on the nature of the customers served, the contractual requirements and the regulatory environment governing the business unit?s operations. The Corporate and Other segment includes the operations of its internal real estate management subsidiary, various corporate activities and certain corporate expense items. In July 2009, the Company acquired Atlan, Inc.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/4/2012 8:25 AM Sell
None
46.12
as of 12/31/2012
1 Week up  0.35 %
1 Month up  1.82 %
3 Months up  1.82 %
1 YTD up  1.82 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/31/2010 8:25 AM Hold
None
71.72

(*) Stock Price at the time of the recommendation.
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