V2X price target raised to $90 from $80 at Citizens

Citizens raised the firm’s price target on V2X (VVX) to $90 from $80 and keeps an Outperform rating on the shares. V2X delivered a strong revenue beat driven by a large national security contract and broader program ramp-ups, raised full-year guidance, and highlighted growing intelligence community opportunities, while balancing Middle East-related risks and contract uncertainties with cautious optimism on long-term growth tied to expanding defense budgets, the analyst tells investors in a research note.