WillScot stock surges 12% after Baird’s bullish upgrade and $22 target
Shares in WillScot (WSC) climbed by 12.3% on Friday after a positive upgrade from Baird. The investment firm raised its rating on the company, calling it a strong long-term opportunity for investors. Analysts pointed to improving financials and steady cash flow as key reasons for the change.
Baird upgraded WillScot from Market Perform to Outperform, setting a new price target of $22 by Q3 2025. Analyst Andrew Wittmann highlighted the company’s ability to deliver internal rates of return above 25%. He also noted embedded revenue growth as a major advantage for patient investors.
The upgrade lifts WillScot’s stock by over 12% in a single day. Investors now watch for further gains as the company aims for its $22 target. Baird’s analysis suggests steady returns for those holding shares over the long term.
