William Blair Reiterates ‘Hold’ Rating for Vestis Corporation (VSTS)

Vestis Corporation (NYSE:VSTS) is included in our list of the 11 Best Single Digit Stocks to Buy According to Hedge Funds.

William Blair Reiterates ‘Hold’ Rating for Vestis Corporation (VSTS); Barclays and JPMorgan Maintain ‘Sell’ Ratings

A credit services employee wearing a uniform with a badge, holding a single-pay loan folder to demonstrate the company’s services.

On July 31, 2025, William Blair reiterated its ‘Hold’ rating on Vestis Corporation (NYSE:VSTS), following the company’s fiscal Q3 results. While the overall quarterly performance was in line, its top-line revenue, which was at the low end of guidance, prompted a cautious stance. The investment firm also highlighted the company’s margins, which were impacted by significant adjustments. William Blair also cited uncertainty stemming from new management, the absence of Q4 guidance, and a net leverage ratio that is close to its credit agreement limit.

Following William Blair’s commentary, Barclays and JPMorgan reaffirmed their ‘Sell’ ratings on Vestis Corporation (NYSE:VSTS) on August 7, with price targets of $5.00 and $5.50, respectively.

Operating across the U.S. and Canada, Vestis Corporation (NYSE:VSTS) offers uniform rentals and workplace supplies. It is included in our list of the Best Single Digit Stocks.

While we acknowledge the potential of VSTS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VSTS and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.