V2X price target lowered to $54 from $58 at RBC Capital

RBC Capital lowered the firm’s price target on V2X (VVX) to $54 from $58 and keeps a Sector Perform rating on the shares. The company’s Q4 results topped estimates, but V2X is facing lingering budget and DOGE risk while its outlook for FY25 calls for EBITDA margins to decline 10bps, the analyst tells investors in a research note.