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RB Global Soars: Analysts Boost Price Target to $116

5/11/2025

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Summary

Story summary

RB Global is on the rise, with analysts boosting its price target, notably Royal Bank of Canada elevating it to $116.00. The company showcased impressive financials, reporting $1.06 billion in revenue and $0.89 EPS last quarter. With institutional investors holding 95.37% of the stock, confidence is high, despite CEO James Kessler trimming his stake by 12.74%.

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Story summary

RB Global is on the rise, with analysts boosting its price target, notably Royal Bank of Canada elevating it to $116.00. The company showcased impressive financials, reporting $1.06 billion in revenue and $0.89 EPS last quarter. With institutional investors holding 95.37% of the stock, confidence is high, despite CEO James Kessler trimming his stake by 12.74%.