B of A Securities Maintains Neutral on RB Global, Raises Price Target to $92.5
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on RB Global while raising the price target from $79 to $92.5.
August 26, 2024 | 5:01 pm
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B of A Securities has maintained a Neutral rating on RB Global but increased the price target from $79 to $92.5, indicating a positive outlook on the stock's potential.
The increase in price target from $79 to $92.5 by B of A Securities suggests a positive outlook on RB Global's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy or sell signal, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100