CACI: Buy Rating Reaffirmed After Major Federal Contract Wins This Year
CACI International has received a reaffirmed buy rating following significant federal contract wins this year. Analysts expect positive trends in operating margins and cash flow, with projected earnings per share growth. The company's outlook remains strong amid a favorable federal budget for defense spending.
- ▪CACI International has been reaffirmed as a buy due to strong contract wins.
- ▪Analysts expect earnings per share growth of 6% this year and 11% next year.
- ▪The company's operating margins and cash flow trends are positive.
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