- Barclays analyst Manav Patnaik upgraded WillScot Mobile Mini Holdings Corp WSC to Overweight from Equal Weight and raised the price target to $50 (an upside of 35%) from $40.
- The analyst notes the company looks well-positioned to beat its recently set three- and five-year financial targets.
- Patnaik sees "many potentially positive catalysts" for the shares, including upside driven from multiple expansion, earnings beats, and a continuous stream of acquisitions.
- WillScot is "still in the early-to-middle innings of a perception change," states Patnaik.
- Price Action: WSC shares are trading higher by 7.64% at $37.05 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
