Baird analyst Andrew Whittmann raised the firm’s price target on Vestis (VSTS) to $16 from $13 and keeps a Neutral rating on the shares. The firm said revenues fell short and pricing/customer loss headwinds will continue through F1H25, though new/incremental cost actions are taking hold, helping initial F2025 Adjusted EBITDA guidance to bracket consensus.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VSTS:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue