Raymond James analyst Steve Hansen raised the firm’s price target on RB Global (RBA) to $118 from $110 and keeps an Outperform rating on the shares. RB Global reported another strong quarterly beat, demonstrating the company’s solid operating momentum/leverage, as well as better-than-expected guidance for 2025, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBA:
- RB Global price target raised to $100-$110 from $95-$100 at Barrington
- RB Global price target raised to $110 from $105 at Baird
- RB Global’s 2024 Earnings Reflect Strategic Growth
- Closing Bell Movers: Shift4 down 10%, Penumbra up 8% after results
- RB Global Reports Strong 2024 Financial Results, Sets Positive Outlook for 2025