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Analysts Have Conflicting Sentiments on These Technology Companies: Science Applications (SAIC) and Jabil (JBL)

Tipranks - Wed Mar 18, 5:42AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Science Applications (SAICResearch Report) and Jabil (JBLResearch Report).

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Science Applications (SAIC)

In a report released today, Gavin Parsons from UBS maintained a Hold rating on Science Applications, with a price target of $113.00. The company’s shares closed last Monday at $93.05.

According to TipRanks.com, Parsons is a 4-star analyst with an average return of 11.4% and a 63.2% success rate. Parsons covers the Industrial Goods sector, focusing on stocks such as Amentum Holdings, Inc., L3Harris Technologies, and StandardAero, Inc. ;'>

Science Applications has an analyst consensus of Hold, with a price target consensus of $110.61, implying a 21.6% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also downgraded the stock to Hold with a $100.00 price target.

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Jabil (JBL)

In a report released yesterday, Ruplu Bhattacharya from Bank of America Securities reiterated a Buy rating on Jabil, with a price target of $280.00. The company’s shares closed last Monday at $258.00.

According to TipRanks.com, Bhattacharya is a 4-star analyst with an average return of 6.4% and a 58.2% success rate. Bhattacharya covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Vishay Intertechnology, and TD SYNNEX Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Jabil with a $277.13 average price target, implying an 8.7% upside from current levels. In a report issued on March 11, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $275.00 price target.

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