VSE Corp. price target raised to $133 from $115 at Truist

Truist raised the firm’s price target on VSE Corp. (VSEC) to $133 from $115 and keeps a Buy rating on the shares after its Q3 earnings beat. Strength in the Aviation segment should persist into 2025 and likely 2026 with optionality for EBITDA margin upside, the analyst tells investors in a research note. The ongoing Kellstrom integration activities, progression on new program ramp-ups, and improving execution will drive higher levels of free cash flow in the coming periods, the firm added.