RBC Cuts Price Target on Ritchie Bros. (RBA) to $25
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RBC Capital lowers its price target on Ritchie Bros. Auctioneers (NYSE: RBA) from $30 to $25.
With shares of Ritchie Bros. trading around $21.10 today, RBC's lowered price target still represents a potential gain of about 18% from current levels.
Ritchie Bros. Auctioneers Incorporated operates as an auctioneer of industrial equipment primarily to the used construction, transportation, and agricultural equipment sectors worldwide.
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