Jefferies Downgrades WillScot Mobile Mini to Hold, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Philip Ng downgraded WillScot Mobile Mini (NASDAQ:WSC) from Buy to Hold and reduced the price target from $58 to $42, indicating a more cautious outlook on the company's stock.

April 01, 2024 | 2:44 pm
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Jefferies downgraded WillScot Mobile Mini from Buy to Hold and lowered the price target from $58 to $42, suggesting a tempered expectation for the stock's performance.
The downgrade from Buy to Hold by a prominent analyst at Jefferies, coupled with a significant reduction in the price target, is likely to negatively impact investor sentiment towards WillScot Mobile Mini in the short term. This change reflects a more conservative outlook on the company's future stock performance, potentially leading to a decrease in stock price as investors adjust their expectations.
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IMPORTANCE 90
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