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Stock Market & Financial Investment News

News Breaks
January 2, 2013
07:28 EDTBAH, CACI, ICFI, MANTSequester risk just kicked down road, says Wells Fargo
Well Fargo believes that the sequester issue still poses risk to government services companies, as most of the automatic spending cuts were delayed for only about two months. The Pentagon still faces $50B in automatic cuts that would be spread out over just seven months in FY13, the firm notes. Wells maintains an Underperform rating on the government services sector sector, and it identifies the following companies as belonging to that sector: Booz Allen Hamilton (BAH), CACI International (CACI), ICF International (ICFI), ManTech International Corporation (MANT), NCI (NCIT), and sAIC (SAI). The firm also maintained Underperform ratings on all of the individual stocks listed.
News For BAH;CACI;ICFI;MANT From The Last 14 Days
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September 15, 2014
09:59 EDTBAHOn The Fly: Analyst Upgrade Summary
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08:10 EDTBAHBooz Allen upgraded to Outperform at Cowen
As reported previously, Cowen upgraded Booz Allen to Outperform from Market Perform as they believe the company is approaching a revenue and earnings upturn. The firm sees the upturn bolstered by upward pressure on intelligence spending due to the recent ISIS activity, as well as margin upside, and its lack of pension exposure. Cowen raised its price target on Booz Allen to $28 from $25.
07:01 EDTICFIICF International awarded next generation GSA OASIS contract
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06:55 EDTBAHBooz Allen upgraded to Outperform from Market Perform at Cowen
September 12, 2014
17:44 EDTBAH, CACIBAE Systems, others collectively awarded $5.04B government contract
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September 11, 2014
08:06 EDTMANTManTech awarded OASIS contract by GSA
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September 8, 2014
08:02 EDTCACICACI awarded prime position on $44M contract to support NAVSEA's PEO LCS
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