Baird Maintains Outperform on Custom Truck One Source, Lowers Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Justin Hauke has maintained an Outperform rating on Custom Truck One Source (NYSE:CTOS) but has lowered the price target from $9 to $8.

March 08, 2024 | 12:28 pm
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Baird maintains an Outperform rating on Custom Truck One Source but lowers the price target from $9 to $8.
While the reduction in price target could suggest a tempered outlook on the stock's short-term price potential, the maintenance of an Outperform rating indicates a continued positive view on the company's fundamentals and growth prospects. This mixed signal could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the analyst's overall positive stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100