National Bank analyst Maxim Sytchev downgraded RB Global (RBA) to Sector Perform from Outperform with an unchanged price target of $115, stating that the firm is being tactical amid a lull in the “key drivers” for the stock.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RBA:
- RB Global: Strategic Growth and Operational Resilience Amid Market Challenges
- RB Global price target raised to $120-$130 range at Barrington
- RB Global price target raised to $118 from $116 at CIBC
- Ritchie Bros. Earnings Call: Mixed Results and Strategic Moves
- RB Global price target raised to $115 from $110 at Baird