Truist raised the firm’s price target on VSE Corp. (VSEC) to $134 from $129 and keeps a Buy rating on the shares. The company’s Q4 results exceeded expectations and the management’s 2025 outlook for its core aviation segment, specifically EBITDA and margins, which were seemingly better than what the Street had been fretting over the past two weeks, the analyst tells investors in a research note. VSE’s organic revenue growth of high-single / low-double digits is also up modestly from the management’s 2023 investor target of high single digits, the firm adds.
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