CoreCivic (CXW) in Pivotal Point Check: Strategic $1.5 Billion Real Estate Deal with the Department of Homeland Security Ignites Stock Surge!

Transaction worth billions completed: CoreCivic sells two large California deportation centers for $1.5 billion to the U.S. government. Financial flexibility increased: The massive influx of liquidity strengthens the balance sheet and allows for targeted debt reduction as well as share buybacks. Analysts raise price targets: Northland and Benchmark increase their price targets to up to $40. CoreCivic, one of the leading operators of private correctional facilities and deportation centers in the U.S., experienced a significant surge...