Oppenheimer Reinstates Outperform on McGrath RentCorp, Announces $120 Price Target
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Scott Schneeberger has reinstated an Outperform rating on McGrath RentCorp (NASDAQ:MGRC) and set a price target of $120.
September 25, 2024 | 12:26 pm
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Oppenheimer analyst Scott Schneeberger has reinstated an Outperform rating on McGrath RentCorp (NASDAQ:MGRC) and set a price target of $120.
The reinstatement of an Outperform rating and a specific price target of $120 by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100