Benchmark analyst Bill Sutherland raised the firm's price target on CoreCivic to $36 from $28 and keeps a Buy rating on the shares after a call earlier this week with CEO Patrick Swindle and CFO Dave Garfinkle. The call gave the firm additional insight into early signs of a resumption of ICE enforcement activities, DHS's plans to buy turnkey detention facilities after abandoning alternative plans and "appropriate ways to think about valuation of potential facility sales," the analyst tells investors.
