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CACI price target raised to $735 from $600 at Truist

Truist analyst Tobey Sommer raised the firm’s price target on CACI (CACI) to $735 from $600 and keeps a Buy rating on the shares. CACI is the best positioned company within the firm’s coverage to benefit from the administration priorities as the company’s business mix is 90% National Security, which includes Defense, Intel, and Homeland Security, the analyst tells investors in a research note.

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