CACI downgraded to Market Perform from Outperform at Raymond James

Raymond James analyst Brian Gesuale downgraded CACI (CACI) to Market Perform from Outperform without a price target with the June quarter in the books, the Big Beautiful Bill signed into law, and significant stock volatility continuing. While Raymond James continues to believe in CACI’s strategy and management, shares are due for a pause with some other names narrowing the relative multiple and performance gap over the next few quarters, the analyst tells investors in a research note. The firm upgraded Parsons (PSN) to Strong Buy.