Wolfe Research initiated coverage of VSE Corp. (VSEC) with an Outperform rating and $190 price target which offers 15% upside. The firm believes the company is positioned for “significant” sales and earnings growth in 2025 due to solid organic growth and the Kellstrom deal, which closed in December 2024. VSE’s completed aerospace transformation and push for higher value offerings provides a runway for further share upside, the analyst tells investors in a research note.
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