CoreCivic initiated with a Buy at Benchmark on multi-year growth opportunity

As previously reported, Benchmark initiated coverage of CoreCivic (CXW) with a Buy rating and $28 price target As the largest non-government owner of correctional and detention facilities in the U.S. and the ICE opportunity and growing interest from states, CoreCivic may be positioned for multi-year growth, which could lead to a significant re-rating of the shares, the analyst tells investors.