WillScot Mobile Mini price target raised to $57 from $55 at Oppenheimer

Oppenheimer raised the firm’s price target on WillScot Mobile Mini to $57 from $55 and keeps an Outperform rating on the shares. Oppenheimer expects 2024 to be another year of strong financial growth, margin expansion, and free cash flow driven primarily via rental rate growth and value-added products and services expansion, and anticipates persistent/attractive rental rate/revenue growth and double-digit adjusted EBITDA growth in 2024, the analyst tells investors in a research note.