VSE Corp. price target raised to $177 from $140 at Truist

Truist analyst Michael Ciarmoli raised the firm’s price target on VSE Corp. (VSEC) to $177 from $140 and keeps a Buy rating on the shares. The company’s Q2 results topped expectations, its free cash flow as positive and the adjusted EBITDA margin outlook was lifted, the analyst tells investors in a research note. VSE’s recent acquisition integration/synergy realization is tracking to- or ahead of plan, the firm added.