Litchfield Hills initiated coverage of Cycurion (CYCU) with a Buy rating and $7 price target The company’s backlog has reached an “inflection point” at $80M, positioning Cycurion for a “material revenue inflection” as contracts convert into billable work, the analyst tells investors in a research note. The firm says the company provides cybersecurity advisory, managed services, and software-as-a-service solutions to state and local governments and small businesses.
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