Citigroup Keeps Buy Ratings on Six Companies, Cuts Targets
Citigroup maintained Buy ratings on six companies while lowering price targets for Herc Holdings, Alliance Laundry, WillScot Holdings, Timken and Terex.
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what happened
Newsmetry API, citing Benzinga ratings data, reports that Citigroup maintained its Buy rating on Herc Holdings, Alliance Laundry Holdings, DraftKings, WillScot Holdings, Timken and Terex.
The bank reduced Herc Holdings’ price target to $150.00 per share from $175.00, Alliance Laundry Holdings’ to $26.00 from $31.00, WillScot Holdings’ to $21.00 from $30.00, Timken’s to $140.00 from $160.00, and Terex’s to $65.00 from $80.00. The report does not state a revised price target for DraftKings.
why it matters
Keeping the Buy ratings while cutting targets indicates that Citigroup remains positive on the six stocks but has revised its valuation benchmarks for five of them. The targets represent the analyst’s view and are not a guaranteed market outcome.
instruments
sources
- Herc Holdings Is Maintained at Buy by Citigroup — Newsmetry API, 12 October 2026 at 20:55 UTC
- Alliance Laundry Holdings Is Maintained at Buy by Citigroup — Newsmetry API, 12 October 2026 at 20:49 UTC
- DraftKings Is Maintained at Buy by Citigroup — Newsmetry API, 12 October 2026 at 21:06 UTC
- WillScot Holdings Is Maintained at Buy by Citigroup — Newsmetry API, 12 October 2026 at 21:04 UTC
- Timken Is Maintained at Buy by Citigroup — Newsmetry API, 12 October 2026 at 21:02 UTC
- Terex Is Maintained at Buy by Citigroup — Newsmetry API, 12 October 2026 at 21:01 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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