Jefferies Downgrades CACI International to Hold, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Sheila Kahyaoglu has downgraded CACI International from Buy to Hold and reduced the price target from $375 to $350.

January 03, 2024 | 2:30 pm
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NEGATIVE IMPACT
CACI International was downgraded by Jefferies from Buy to Hold, with a price target decrease from $375 to $350.
Analyst downgrades typically lead to a negative short-term reaction in the stock price as they suggest a less optimistic outlook on the company's future performance. The reduction in price target further supports a bearish view.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100