BUZZ-Truist cuts PT for SAIC as co faces project timing headwinds

Reuters06-05

** Truist Securities cuts PT for Science Applications International Corp to $125 from $130, rating the stock "hold"

** The new price target still represents a 5.9% to the stock's last close.

** Truist says co is dealing with project milestone timing headwinds

** On Monday, co reported adj. EPS of $1.92 vs $2.14 a year ago

** Shares down about 5% YTD

(Reporting by Aishwarya Jain in Bengaluru)

((Aishwarya.Jain@thomsonreuters.com;))

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