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Fly News Breaks for June 12, 2017
CACI
Jun 12, 2017 | 08:00 EDT
Cowen analyst Cai von Rumohr upgraded CACI to Outperform from Market Perform to reflect its 2018 acceleration with strong bookings, the sector upturn, and a favorable risk/reward with support from its near peer-high cash flow yield. The analyst also believes CACI has a "legitimate shot" at winning the SOFGLSS contract. von Rumohr raised his price target to $145 from $140 on CACI shares.
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