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Northland Securities Sticks to Their Buy Rating for CoreCivic (CXW)

Tipranks - Tipranks - Fri May 8, 12:12PM CDT

Northland Securities analyst Greg Gibas maintained a Buy rating on CoreCivic today and set a price target of $32.00.

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According to TipRanks, Gibas is a 4-star analyst with an average return of 8.9% and a 42.21% success rate. Gibas covers the Consumer Cyclical sector, focusing on stocks such as DraftKings, Accel Entertainment, and BuildABear Workshop.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for CoreCivic with a $29.50 average price target.

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Based on CoreCivic’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $603.95 million and a net profit of $26.54 million. In comparison, last year the company earned a revenue of $479.29 million and had a net profit of $19.28 million

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