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Fly News Breaks for February 1, 2018
CACI
Feb 1, 2018 | 05:11 EDT
Loop Capital analyst Joseph Vafi upgraded CACI International to Buy and raised his price target for the shares to $170 from $140. The analyst says he can't ignore the "almost dollar-for-dollar boost" to CACI's net income due to tax reform. He believes Street estimates have to move up "materially" following last night's Q2 results.
News For CACI From the Last 2 Days
CACI
Apr 23, 2024 | 08:34 EDT
Stifel analyst Bert Subin raised the firm's price target on CACI to $430 from $390 and keeps a Buy rating on the shares. CACI "remains on a roll, winning various new contracts and task orders," says the analyst, who adds CACI remains the firm's top picks in the core government services sector. The firm has increased estimates for FY24, but "more so for FY25," to reflect new awards with additional upside potential from intel spending, the analyst tells investors.