I had a sidecar attached to my R65LS for a while and wanted to use an R65LS front wheel so they would all match. I bought am R65LS front wheel with similar damage to it for less than $100 US thinking I could get it repaired.
The best price I could find in the US to have it straightened was approx $250 which was out of my price range.
I could find a replacement wheel for less than the price I paid plus repairs.
I decided to try and straighten it myself. I took a block of hard wood and carved it to the profile of the undamaged rim and used a ratchet strap to place it in the damaged section. With the use of a heat gun and a variety of hammers, dead blow, etc. I was able to restore the rim profile.
I was not trying to restore it to a front wheel use. I wouldn't feel comfortable using what I restored for front wheel use. I did mount it on the sidecar and had no bumps, shimmies, etc. when I used it for that purpose.
JMHO If I was relying on it as a front wheel (major control point) I would defer to a professional.