B. Riley raised the firm’s price target on VSE Corp. (VSEC) to $260 from $258 and keeps a Buy rating on the shares. Quarterly revenue and AEBITDA were above expectations and near the upper end of ranges included in preliminary results, the analyst tells investors in a research note. The firm remains bullish, as VSE Corp. continues to execute on strategic M&A, take market share and outpace market growth.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VSEC:
- VSE Corp: Deep OEM Partnerships and Margin Expansion Drive Buy-Rated Upside Through 2026
- VSE Corp. reports Q4 adjusted EPS $1.16, consensus 89c
- VSE Corp. announces life of program distribution program with OEM
- VSE Corporation (VSEC) Q4 Earnings Cheat Sheet
- VSE launches tangible equity units to fund PAG acquisition