VSE Corp. price target raised to $180 from $150 at RBC Capital

RBC Capital analyst Ken Herbert raised the firm’s price target on VSE Corp. (VSEC) to $180 from $150 and keeps an Outperform rating on the shares after its “strong” Q2 results. Organic growth was ahead of expectations, but the quarter highlights the company’s increased focus on execution, the analyst tells investors in a research note. RBC adds that it continues to view improved free cash flow and confidence in the margin upside as most important for stock sentiment.