TD Cowen Reiterates Buy Rating on CACI International (CACI)

TD Cowen analyst Cai von Rumohr reiterated a Buy rating and $480.00 price target on CACI International (NYSE: CACI).

The analyst commented, "Proposed acquisition of Azure Summit will bring CACI customer & product revenue synergies as its S/W defined radios complement CACI's software capability in fast growing counter UAS & EW applications. The deal looks reasonably priced at a NTM adj. 10x EBITDA and should be accretive out of the box."

For an analyst ratings summary and ratings history on CACI International click here. For more ratings news on CACI International click here.

Shares of CACI International closed at $476.24 yesterday.

You May Also Be Interested In

• Nomura/Instinet Upgrades Genting Singapore (GENS:SP) (GIGNY) to Neutral
• Kotak Upgrades Honasa Consumer Ltd (HONASA:IN) to Buy (1)
• HSBC Upgrades Sembcorp Industries (SCI:SP) to Buy