Brink’s price target raised to $144 from $110 at Truist

Truist raised the firm’s price target on Brink’s to $144 from $110 and keeps a Buy rating on the shares. The firm’s investor meetings with the management left it “more confident” that the company’s rapid growth should continue over the medium term in ATM Managed Services and Digital Retail Solutions thanks to market growth, share gains and expanding total addressable market, the analyst tells investors in a research note. Brink’s EBITDA growth and debt repayment should also bring leverage the company’s leverage below 2.5 in FY26, the firm added.