Oppenheimer raised the firm’s price target on Custom Truck One Source (CTOS) to $11 from $8 and keeps an Outperform rating on the shares following quarterly results. The firm is also increasing its 2026/2027 adjusted EBITDA to $430M, respectively, as Custom Truck One Source’s demand environment appears sufficiently strong to support at least high single-digit adjusted EBITDA growth year-over-year.
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