Morgan Stanley initiated coverage on VSE Corporation with an Equal Weight rating and a price target of $245. Analyst Kristine Liwag noted the company's aerospace aftermarket platform is differentiated with promising growth and margin drivers, but believes the stock's valuation offers a balanced risk/reward at current levels. The initiation follows RBC Capital's reaffirmation of an Outperform rating and $240 price target on June 10. Wall Street maintains a Strong Buy consensus on VSE Corporation, with a one-year average price target of $249, implying 11% upside from Monday's close.
VSE CorporationMorgan Stanley initiated coverage with Equal Weight rating and $245 price target, implying balanced risk/reward
Morgan Stanley