CACI International Upgraded to Outperform, Shares …
From Financial Modeling Prep: 2025-01-02 08:26:00
CACI International’s stock rose over 2% pre-market after Raymond James upgraded it to Outperform with a $475 price target. Trading at 10.4 times EBITDA, the stock is undervalued compared to its historical SOTP valuation. With a shift towards technology offerings, CACI has seen increased profitability and accelerated organic growth in the government IT sector.
Over the past eight years, CACI has transitioned its portfolio to focus more on technology-driven solutions, boosting EBITDA margins by 200 basis points. Analysts believe the company’s positive business fundamentals could lead to a return to higher valuation multiples seen before the last election.
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