Vestis Announces CEO Transition

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Vestis Corp (VSTS) PT Lowered to $13 at Stifel

March 19, 2025 12:11 PM EDT

Stifel analyst Shlomo Rosenbaum lowered the price target on Vestis Corp (NYSE: VSTS) to $13.00 (from $15.00) while maintaining a Hold rating.

The analyst comments "CEO leaving, Chairman taking over as interim CEO as the Board conducts a search. No PR discussion about expectations... More