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Fly News Breaks for March 13, 2019
CACI
Mar 13, 2019 | 08:31 EDT
Vertical Research upgraded CACI to Top Pick with a $228 price target citing discounted valuation and a significant value-added strategy shift to COTS from services.
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.