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Wells Fargo Maintains CACI International(CACI.US) With Buy Rating, Raises Target Price to $577

Futu News ·  Oct 2 18:31  · Ratings

Wells Fargo analyst Sarah Akers maintains $CACI International (CACI.US)$ with a buy rating, and adjusts the target price from $525 to $577.

According to TipRanks data, the analyst has a success rate of 68.5% and a total average return of 8.6% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $CACI International (CACI.US)$'s main analysts recently are as follows:

  • The company is maintaining momentum, though the share's potential for growth is perceived to be more modest after its robust performance since the beginning of the year.

  • In anticipation of the third quarter aerospace and defense earnings reports, analysts recommend favoring suppliers as opposed to Boeing. Adjustments to price targets in the government services sector have been made.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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