V2X downgraded to Sector Perform from Outperform at RBC Capital

RBC Capital analyst Ken Herbert downgraded V2X (VVX) to Sector Perform from Outperform with a price target of $58, down from $70. With the incoming Trump presidency, the government services sector, and V2X specifically, “could be caught in the cross-hairs” of the Department of Government Efficiency, the analyst tells investors in a research note. The firm says the company’ exposure to international Department of Defense operations “adds incremental risk.” It believes flat 2025 margins and the stock ownership overhang will limit share upside.

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on VVX:

TipRanks
TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. TipRanks' multi-award winning platform ranks financial experts based on measured performance and the accuracy of their predictions so investors know who to trust when making investment decisions.
More articles by this source

Tags

Stocks Mentioned

Latest Articles

Data is currently not available