Cadre Holdings, Inc. (CDRE) has disclosed a new risk, in the Taxation & Government Incentives category.
Cadre Holdings, Inc. faces significant risks due to potential reductions in U.S. federal government funding or shifts in spending priorities, which could adversely affect its business operations and financial health. Federal budget changes can impact not only national programs but also state and local budgets reliant on federal support, leading to financial strain and reduced spending at all levels. As federal programs compete for limited resources, decisions made in the budget and appropriations process, which are beyond the company’s control, could have long-term impacts. Consequently, decreased federal allocations to states and municipalities may lead to delays or cutbacks in projects affecting Cadre’s operations.
Overall, Wall Street has a Moderate Buy consensus rating on CDRE stock based on 2 Buys.
To learn more about Cadre Holdings, Inc.’s risk factors, click here.