Truist Financial Sticks to Its Buy Rating for Caci International (CACI)
Truist Financial analyst Tobey Sommer reiterated a Buy rating on Caci International today and set a price target of $800.00.
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According to TipRanks, Sommer is a 4-star analyst with an average return of 4.2% and a 55.31% success rate. Sommer covers the Industrials sector, focusing on stocks such as Clean Harbors, V2X, and Booz Allen.
In addition to Truist Financial, Caci International also received a Buy from William Blair’s Louie DiPalma in a report issued yesterday. However, on April 13, Jefferies assigned a Hold rating to Caci International (NYSE: CACI).
Based on Caci International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.35 billion and a net profit of $130.4 thousand. In comparison, last year the company earned a revenue of $2.17 billion and had a net profit of $111.86 million
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CACI in relation to earlier this year. Last month, Debora A Plunkett, a Director at CACI sold 220.00 shares for a total of $132,726.00.
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