VSE Corp. price target raised to $58 from $52 at Canaccord

Canaccord analyst Austin Moeller raised the firm’s price target on VSE Corp. to $58 from $52 and keeps a Buy rating on the shares. The analyst views the company’s statements about the commercial Fleet business and the new Memphis hub as generally positive. Canaccord continue to view both Aviation and Fleet as having room to run within the aftermarket parts distribution sector in 2023.