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Fly News Breaks for November 30, 2016
CACI
Nov 30, 2016 | 08:53 EDT
Maxim analyst Brian Kinstlinger raised his price target for CACI to $150 from $115 following recent news that the contract to provide training, analytical support, and intelligence services to the Joint Improvised Threat Defeat Organization would not be protested. Additionally, the analyst expects stronger bookings trends and believes the defense industry will benefit from a Trump administration. He reiterates a Buy rating on the shares.
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