SAIC, Inc. (NYSE: SAI), Arbitron Inc. (NYSE: ARB), RPM International Inc. (NYSE: RPM), Barnes Group Inc. (NYSE: B), Mid America Apartment Communities Inc (NYSE: MAA) and Booz Allen Hamilton Holding Co. (NYSE: BAH) downgraded by analysts.
SAIC, Inc. (SAI) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.
Arbitron Inc. (ARB) was downgraded by Cantor Fitzgerald to a “Hold” rating. They have a price target of $44.00 on the company.
RPM International Inc. (RPM) was downgraded by Oppenheimer from a “Perform” rating to an “Underperform” rating.
Barnes Group Inc. (B) was downgraded by Oppenheimer from an “Outperform” rating to a “Perform” rating. They have a price target of $26.00 on the company.
Mid America Apartment Communities Inc. (MAA) was downgraded by Macquarie from an “Outperform” rating to a “Neutral” rating.
Booz Allen Hamilton Holding Co. (BAH) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.
Showing posts with label SAIC. Show all posts
Showing posts with label SAIC. Show all posts
Friday, September 2, 2011
Tuesday, December 21, 2010
SAIC's (NYSE:SAI) EPS Estimates Lowered on Anemic Demand
As government procurement environment has brought little demand for SAIC's (NYSE:SAI), Susquehanna has lowered their EPS and revenue estimates on the company, seeing little in the way of catalysts to change their outlook.
Susquehanna said, "If bookings begin to bill, FY12 could prove better than our reduced expectations, but the government procurement environment remains very anemic at this time, as highlighted by Accenture last Thursday."
They are lowering their EPS/revenue estimates on the company from $1.59/$11.19 billion and $1.42/$11.5 billion to $1.46/$11.01 billion and $1.39/$11.4 billion.
Susquehanna is maintaining their Neutral rating on SAIC, which closed Monday at $15.77, up $0.07, or 0.45 percent.
Susquehanna said, "If bookings begin to bill, FY12 could prove better than our reduced expectations, but the government procurement environment remains very anemic at this time, as highlighted by Accenture last Thursday."
They are lowering their EPS/revenue estimates on the company from $1.59/$11.19 billion and $1.42/$11.5 billion to $1.46/$11.01 billion and $1.39/$11.4 billion.
Susquehanna is maintaining their Neutral rating on SAIC, which closed Monday at $15.77, up $0.07, or 0.45 percent.
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