WillScot price target lowered to $35 from $40 at DA Davidson

DA Davidson lowered the firm’s price target on WillScot (WSC) to $35 from $40 and keeps a Buy rating on the shares. The company continues to face mixed demand trends with seasonal activity likely a larger headwind than previously modeled, though despite its earnings outlook reductions, DA Davidson notes that WillScot has already seen substantial share price pressure and valuation contraction since early 2024, adding that it sees “value in the name” at current levels, the analyst tells investors in a research note.