Baird analyst Justin Hauke lowered the firm’s price target on Custom Truck One Source (CTOS) to $4.40 from $5 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results where earnings and revenue missed but guidance was upheld.
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Read More on CTOS:
- Custom Truck One Source Reports Q1 2025 Financial Results
- Custom Truck One Source reports Q1 EPS (8c), consensus (5c)
- Custom Truck One Source backs FY25 revenue view $1.97B-$2.06B, consensus $1.97B
- Custom Truck One Source downgraded to Neutral from Outperform at Baird
- Custom Truck One Source price target lowered to $7.50 from $9 at DA Davidson