WillScot price target lowered to $40 from $45 at DA Davidson

DA Davidson analyst Brent Thielman lowered the firm’s price target on WillScot (WSC) to $40 from $45 and keeps a Buy rating on the shares after its Q2 earnings miss. The firm cites limited imminent signs of an inflection in some of the company’s key product lines, though it still believes that a re-rating could develop quickly should end markets stabilize, the analyst tells investors in a research note.