WillScot (WSC) Soars 11% After Bullish Rating

We recently published 10 Big Names Crushing the Market. WillScot Holdings Corporation (NASDAQ:WSC) is one of the best-performing stocks on Friday.

WillScot rallied for a second day on Friday, jumping 11.10 percent to close at $17.61 apiece as investor sentiment was bolstered by an analyst’s bullish coverage for its stock.

In a market note on the same day, investment firm Baird upgraded WillScot Holdings Corporation (NASDAQ:WSC) to “outperform” from “market perform” previously, while also raising its price target to $22 from $20.

The new value assessment marked a 24.9 percent upside potential from its latest closing price.

According to Baird, the third quarter of the year could serve as a “watershed” or turning point for WillScot Holdings Corporation (NASDAQ:WSC), saying that the company presents an attractive long-term opportunity amid its leading market position and value-added products and services.

Baird added that WillScot Holdings Corporation (NASDAQ:WSC) generally offers more than 25 percent of internal rates of return and revenue opportunities through increasing value added products and services content rented to customers.

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Disclosure: None. This article is originally published at Insider Monkey.