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.
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Read More on RBA:
- RB Global price target raised to $100-$110 from $95-$100 at Barrington
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- RB Global Reports Strong 2024 Financial Results, Sets Positive Outlook for 2025
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