Cadre price target raised to $27 from $26 at Stifel

Stifel raised the firm’s price target on Cadre to $27 from $26 and keeps a Hold rating on the shares. Overall, the company is moving in the right directions, with results pacing slightly ahead of expectations, the analyst tells investors. If the company is able to reengage in bolt-on marketing and acquisitions and if police officer headcount rises in the coming quarters, the firm would be more bullish on the stock, the firm adds.