RBC Capital raised the firm’s price target on VSE Corp. (VSEC) to $200 from $180 and keeps an Outperform rating on the shares after its Q3 earnings beat. The company pulled its earnings forward a day to announce a $350M acquisition of Aero 3, a wheel & brake MRO specialist that also provides distribution, and a $400M equity follow-on offering to fund the deal, the analyst tells investors in a research note. RBC adds that it sees Aero 3 providing significant cross-selling opportunities on top of a strong fundamental set up for VSE into 2026.
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