WillScot shares are trading lower after Jefferies downgraded the stock from Buy to Hold and lowered its price target from $58 to $42.
Portfolio Pulse from Benzinga Newsdesk
WillScot's stock (WSC) trades lower following a downgrade by Jefferies from Buy to Hold, with a reduced price target from $58 to $42.
April 01, 2024 | 4:37 pm
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WillScot's stock trades lower after a downgrade by Jefferies from Buy to Hold and a price target cut from $58 to $42.
Analyst ratings and price target adjustments are significant indicators of a stock's short-term performance. The downgrade from 'Buy' to 'Hold' by Jefferies, coupled with a substantial reduction in the price target, suggests a bearish outlook on WillScot's stock, likely leading to a decrease in its short-term price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100