Stifel raised the firm’s price target on CACI (CACI) to $670 from $600 and keeps a Buy rating on the shares. The company has reported strong quarters before, but the firm doesn’t recall a quarter like this one when expectations were more pedestrian but results were anything but, the analyst tells investors in a research note. The firm added that even though the U.S. government shutdown continues, CACI’s strong start to the year and uptick in funded backlog helps de-risk their FY26 outlook. The analyst added that CACI remains a top idea in government services.
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:
- CACI price target raised to $600 from $575 at Truist
- Strong Financial Performance and Growth Potential: Louie DiPalma’s Buy Rating on Caci International
- CACI reports Q1 adjusted EPS $6.85, consensus $6.15
- CACI backs FY26 adjusted EPS view $27.13-$28.03, consensus $27.98
- Caci International Holds Annual Shareholders Meeting