Jefferies lowered the firm’s price target on CACI (CACI) to $460 from $625 and keeps a Hold rating on the shares. The Defense and IT services revenue outlook “appears balanced and lacks positive catalysts,” says the analyst in a 2025 outlook note for the Aerospace and Defense Electronics group. The firm’s favorite sector in the group into 2024 was Commercial Aero, “which we see no reason to change,” with its favorite names in 2025 aftermarket heavy, the analyst added.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CACI:
- Trump Weekly: Biden blocks U.S. Steel buyout, banks exit climate alliance
- Trump Trade: White House considers leaving U.S. Steel deal decision to Trump
- Alphabet, Uber downgraded: Wall Street’s top analyst calls
- CACI upgraded to Outperform from Market Perform at Raymond James
- CACI named Bullish Fresh Pick at Baird