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V2X price target raised to $70 from $60 at RBC Capital

RBC Capital raised the firm’s price target on V2X (VVX) to $70 from $60 and keeps a Sector Perform rating on the shares after its “strong” Q4 earnings beat. The company’s de-leveraging remains on track while its advanced capability investments are translating to contract wins, the analyst tells investors in a research note.

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