Jefferies raises Cadre Holdings PT on upbeat 2026 sales outlook
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Jefferies lifts price target on law enforcement safety equipment maker Cadre Holdings CDRE.N to $45 from $40, reiterates rating at "buy"
New PT shows an upside of 58.6% from the stock's last close
Co on Monday forecast its midpoint for 2026 net sales above analysts' estimates
Jefferies says co's backlog surged sharply on strong demand and acquisitions, with solid growth driven by defense contracts and protective gear
Adds future growth is expected to be driven by strong opportunities in public safety and increased nuclear sector spending
All of five brokerages rate the stock "buy" or higher; their median PT is $45- data compiled by LSEG
As of last close, stock had fallen 30.5% YTD
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