Baird Maintains Outperform on Custom Truck One Source, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Justin Hauke has maintained an Outperform rating on Custom Truck One Source (NYSE:CTOS) but lowered the price target from $8 to $7.

May 03, 2024 | 11:32 am
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Baird maintains an Outperform rating on Custom Truck One Source but lowers the price target from $8 to $7.
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 bullish stance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100