CACI price target raised to $690 from $670 at Jefferies

Jefferies raised the firm’s price target on CACI (CACI) to $690 from $670 and keeps a Hold rating on the shares. The firm is incorporating ARKA into its estimates after CACI completed the acquisition for $2.6B on March 9. With debt issued below the firm’s expected interest rate, Jefferies now expects ARKA to be 2% accretive to FY28 EPS, the analyst tells investors.