WillScot price target lowered to $38 from $41 at Oppenheimer

Oppenheimer analyst Scott Schneeberger lowered the firm’s price target on WillScot (WSC) to $38 from $41 and keeps an Outperform rating on the shares. The firm notes the company provided an overview of its rental asset attributes, optimized platform, and additional operational enhancements to achieve newly introduced long-term objectives at its second-ever Investor Day. WillScot comprehensively highlighted its improved sales coverage model and productivity/service enhancements/competitive advantages/$500M VAPS opportunity across rental asset categories/shared services optimization/logistics differentiation/asset management operations. Oppenheimer is maintaining its incrementally second half of the year-weighted 2025 adjusted EBITDA and trimming its target from $41 to $38.