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Noble Financial Reaffirms Their Buy Rating on CoreCivic (CXW)
In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on CoreCivic, with a price target of $28.00.
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According to TipRanks, Gomes is a 4-star analyst with an average return of 8.3% and a 47.95% success rate. Gomes covers the Industrials sector, focusing on stocks such as Kratos Defense, NN, and Hudson Global.
CoreCivic has an analyst consensus of Strong Buy, with a price target consensus of $29.50.
Based on CoreCivic’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $614.73 million and a net profit of $37.92 million. In comparison, last year the company earned a revenue of $488.63 million and had a net profit of $25.11 million
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