CACI International upgraded to Buy from Hold at Stifel Stifel upgraded CACI International with a $92 price target on expectations 2014 will be the low point for the company's organic growth and that contract awards will accelerate later this year.
IBM protest of Army contract an incremental negative for CACI, says Maxim According to a Washington Technology article, IBM (IBM) successfully protested a $158M Army-payroll contract awarded to CACI (CACI). Maxim expects the contract to be re-evaluated and for CACI to still prevail and win, but the revenue ramp will take longer than previously anticipated. The firm rates CACI a Buy with a $101 price target.
Contract awarded to CACI protested by IBM, Washington Technology reports A $158M Army payroll and personnel contract that was awarded to CACI (CACI) has been successfully protested by IBM (IBM) and the contract has been dismissed, Washington Technology reports. Reference Link