Barclays Downgrades WillScot Holdings to Equal-Weight, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Manav Patnaik has downgraded WillScot Holdings (NASDAQ:WSC) from Overweight to Equal-Weight and reduced the price target from $50 to $44.
September 19, 2024 | 1:18 pm
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Barclays has downgraded WillScot Holdings from Overweight to Equal-Weight and reduced the price target from $50 to $44, indicating a less optimistic outlook.
The downgrade from Overweight to Equal-Weight suggests that Barclays sees less potential for outperformance in WillScot Holdings. The reduction in the price target from $50 to $44 indicates a less optimistic view on the stock's future price, which could lead to short-term selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100