Wells Fargo Maintains Overweight on CACI International, Lowers Price Target to $361
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Matthew Akers has maintained an Overweight rating on CACI International (NYSE:CACI) but lowered the price target from $383 to $361.

September 18, 2023 | 1:09 pm
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CACI International's price target has been lowered from $383 to $361 by Wells Fargo, though the Overweight rating is maintained.
The lowering of the price target by Wells Fargo could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Overweight rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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RELEVANCE 100