Caci International shares are trading lower after Raymond James downgraded the stock from Outperform to Market Perform.
Portfolio Pulse from Benzinga Newsdesk
Caci International shares are trading lower after Raymond James downgraded the stock from Outperform to Market Perform.
August 05, 2024 | 6:01 pm
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NEGATIVE IMPACT
Raymond James downgraded Caci International from Outperform to Market Perform, causing the stock to trade lower.
The downgrade from a reputable analyst firm like Raymond James typically leads to a negative market reaction, as it signals reduced confidence in the stock's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100