Jefferies lowered the firm’s price target on CACI (CACI) to $455 from $520 and keeps a Buy rating on the shares after having hosted CEO John Mengucci and CFO Jeffrey MacLauchlan for investor meetings. CACI is well-aligned to government priorities of “peace through strength,” protecting our borders” and software-defined solutions, but valuations “can’t dodge the DOGE,” the analyst tells investors.
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