Oppenheimer Maintains Outperform on McGrath RentCorp, Raises Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Scott Schneeberger has maintained an Outperform rating on McGrath RentCorp (NASDAQ:MGRC) and raised the price target from $114 to $116.
October 06, 2023 | 1:03 pm
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POSITIVE IMPACT
Oppenheimer has maintained an Outperform rating on McGrath RentCorp and raised the price target from $114 to $116, which could lead to a positive market reaction.
The raised price target by Oppenheimer indicates a positive outlook for McGrath RentCorp. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100