RB Global price target raised to $116 from $107 at RBC Capital

RBC Capital raised the firm’s price target on RB Global (RBA) to $116 from $107 and keeps an Outperform rating on the shares. The company reported another strong quarter, which will be well-received by investors, and the management’s 2025 adjusted EBITDA guide was above consensus, which is a “conservative starting point” for the year given the strength in the underlying business, the analyst tells investors in a research note.