Citi Lowers Price Target on CACI to $555 Amid Defense Sector Outlook
Citi has reduced its price target for CACI International Inc (CACI) from $614 to $555 while maintaining a Neutral rating. The firm cited uncertainty in the defense sector recovery due to unresolved geopolitical tensions, though it noted potential buying opportunities amid recent share weakness.
Tickers: $CACI
Topics: defense sector price target change space force contract