V2X price target raised to $61 from $58 at Morgan Stanley
Morgan Stanley raised the firm’s price target on V2X (VVX) to 58 and keeps an Underweight rating on the shares. Heading into the new year, the firm sees “encouraging signs of backlog growth,” though idiosyncrasies around contract ramp up and roll offs and relative alignment to market subverticals will be the most significant drivers of performance, the analyst tells investors in a year-ahead note for the Government Services group. Claim 50% Off TipRanks Premium and Invest with Confidence Unlo ...