- 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.
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