WillScot Mobile Mini price target lowered to $54 from $56 at Deutsche Bank

Deutsche Bank analyst Faiza Alwy lowered the firm’s price target on WillScot Mobile Mini to $54 from $56 and keeps a Buy rating on the shares. The analyst remains a long-term buyer of the stock and views the "current disruption" as a buying opportunity. The company is seeing secular tailwinds around infrastructure spending, energy transition, and reshoring, says the analyst, who out of "conservatism" lowered the firm’s fiscal 2023 estimates to the low end of the range, driven by Delivery & Installation revenue.