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Benzinga

Business

Triveni Kothapalli

UNCOVERED: Why rb global s turnaround could finally stick in 2026 - Caught on Camera

RB RB Global IAA RBA Bank of America

Stuttgart,,Germany,-,12-27-2024:,Person,Holding,Cellphone,With,Logo,Of

RB Global's (NYSE:RBA) turnaround story is gaining traction as the industrial auctioneer steadies after a volatile year, with easing auto market headwinds and improving construction demand positioning 2026 as its first "clean year" since the IAA acquisition, a potential springboard for renewed growth momentum.

Bank of America analyst Michael Feniger upgraded RB Global to Buy from Neutral with a price forecast of $120, citing an improving risk-reward profile following a share price pullback.

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