RB Global (RBA.TO, RBA) was upgraded to Strong Buy from Outperform at Raymond James on Tuesday.
Analyst Steve Hansen maintained a price target of $145 on shares of the auction company. The upgrade comes after "recent institutional meetings with management (Vancouver, London) and supplementary industry/data checks that further strengthen our investment thesis," Hansen said in a note to clients.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.