Stock Track | Cadre Holdings Soars 5.04% Intraday After Jefferies Raises Price Target on Upbeat 2026 Sales Outlook

Stock Track
May 13

Cadre Holdings, Inc. saw its stock price surge 5.04% during intraday trading on Wednesday, following positive analyst commentary and an optimistic sales forecast from the company.

The law enforcement safety equipment maker received a price target boost from Jefferies to $45 from $40, with the firm reiterating its "buy" rating. The new target represents an upside of approximately 58.6% from the stock's previous close. The upgrade came after Cadre Holdings forecast its midpoint for 2026 net sales above analysts' estimates.

Jefferies noted the company's backlog has surged sharply due to strong demand and recent acquisitions, with solid growth being driven by defense contracts and protective gear sales. The analyst firm added that future growth is expected to be fueled by strong opportunities in the public safety sector and increased spending in the nuclear sector.

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