CoreCivic Inc (NYSE: CXW) stock enjoyed a major increase of 29.0% on 11/6/24. The shares closed at $17.58. Moreover, this advance was accompanied by exceptionally high trading volume at 650% of normal. The stock has risen 20.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CXW is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
CoreCivic has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. CoreCivic has a neutral Appreciation Score of 56 and a neutral Power Rating of 43, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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