Barclays Bumps Up WillScot Mobile Mini Price Target By 25%

March 2, 2022 12:54 PM | 1 min read | Make a Comment

Barclays analyst Manav Patnaik upgraded WillScot Mobile Mini Holdings Corp WSC to Overweight from Equal Weight and raised the price target to $50 (an upside of 35%) from $40.
The analyst notes the company looks well-positioned to beat its recently set three- and five-year financial targets.
Patnaik sees "many potentially positive catalysts" for the shares, including upside driven from multiple expansion, earnings beats, and a continuous stream of acquisitions.
WillScot is "still in the early-to-middle innings of a perception change," states Patnaik.
Price Action: WSC shares are trading higher by 7.64% at $37.05 on the last check Wednesday.