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RB Global price target raised to $118 from $110 at Raymond James

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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