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CACI upgraded to Buy from Hold at Jefferies

Jefferies upgraded CACI (CACI) to Buy from Hold with a $515 price target The IT services group’s valuation has contracted from a 6% premium to a 20% discount, notes the analyst, who sees the company having visibility to a 6% organic compound annual growth rate with just 15% civil exposure, which is below the group average of 27%.

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