Deutsche Bank Starts Verra Mobility (VRRM) at Buy

Deutsche Bank analyst Ashish Sabadra initiates coverage on Verra Mobility (NASDAQ: VRRM) with a Buy rating and a price target of $14.00.

Sabadra said Verra Mobility has a monopolistic position in rental car toll management, which along with connectivity to 50+ tolling authorities in the US, provides a strong economic moat.

For an analyst ratings summary and ratings history on Verra Mobility click here. For more ratings news on Verra Mobility click here.

Shares of Verra Mobility closed at $10.00 yesterday.

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