Jefferies lowered the firm’s price target on CACI (CACI) to $455 from $520 and keeps a Buy rating on the shares after having hosted CEO John Mengucci and CFO Jeffrey MacLauchlan for investor meetings. CACI is well-aligned to government priorities of “peace through strength,” protecting our borders” and software-defined solutions, but valuations “can’t dodge the DOGE,” the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CACI:
- Barclays Flags 4 Stocks at Risk amid Musk-Led DOGE Spending Cuts
- Strategic Growth and Market Positioning Propel CACI International to a Buy Rating
- Trump Trade: Cruise stocks under pressure after Commerce Secretary comments
- Blair downgrades five in defense services over DOGE uncertainty
- Blair downgrades five in defense services over contract uncertainty