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SAIC Reports Q2 Increase in Revenue, Operating Cash Flow; Wells Fargo Analysts Provide Stock Recommendation

Analysts at Wells Fargo Securities reiterated an outperform rating with a $92 price target for Science Applications International Corp.'s (NYSE: SAIC) stock after the government services provider announced its second quarter fiscal 2020 financial results.

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McAleese & Associates: BAE’s US Electronic Systems Business Posted 11% Sales Growth in First Half of 2019

A report by consulting firm McAleese & Associates says BAE Systems’ U.S. electronic systems sector saw its sales climb 11 percent to $2.8B during the first half of 2019 with a 14.8 percent operating margin and sector profit of $409M.

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