Roth/MKM raises Virtra share price target on strong Q4 revenue and AEBITDA growth
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Roth/MKM has increased Virtra's price target to $19.00, up from $14.50, while maintaining a Buy rating. Virtra's Q4 2023 results showed a modest revenue surplus and satisfactory Adjusted EBITDA (AEBITDA) performance. The company's bookings more than doubled year-over-year, contributing to a growing backlog. Virtra's financial growth in 2023 included a 34% revenue increase and a more than threefold rise in AEBITDA. Roth/MKM's positive outlook reflects confidence in Virtra's operational progress and financial trajectory.



https://www.investing.com/news/stock-market-news/rothmkm-raises-virtra-share-price-target-on-strong-q4-revenue-and-aebitda-growth-93CH-3363135