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CACI price target raised to $624 from $567 at Goldman Sachs

Goldman Sachs analyst Noah Poponak raised the firm’s price target on CACI (CACI) to $624 from $567 and keeps a Buy rating on the shares. CACI’s Q1 results were strong across the board, exceeding consensus estimates, and reiterated its FY26 outlook, which largely brackets consensus while embedding a degree of conservatism, the analyst tells investors in a research note. While Goldman remains cautious on government IT at the total industry level, CACI can continue executing on a technology, product and service offering that is in high demand with government customers, the firm argues.

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