Oppenheimer Maintains Outperform on Custom Truck One Source, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Scott Schneeberger has maintained an Outperform rating on Custom Truck One Source (NYSE:CTOS) but has reduced the price target from $9 to $8.
November 13, 2023 | 5:30 pm
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Oppenheimer has maintained an Outperform rating on Custom Truck One Source but lowered the price target from $9 to $8.
While the reduction in price target could suggest a tempered expectation for the stock's performance, the maintenance of an Outperform rating indicates that Oppenheimer still has a positive outlook on the company's prospects. This mixed signal could lead to a neutral short-term impact on the stock price as investors digest both the positive rating and the lower price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100