Barrington analyst Gary Prestopino raised the firm’s price target on RB Global (RBA) to a $120-$130 range from $110 and keeps an Outperform rating on the shares based on better-than-expected Q1 results. The firm has increased its 2025 adjusted EBITDA estimate to $1.347B while maintaining its 2026 adjusted EBITDA estimate at $1.45B, the analyst noted.
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: