Custom Truck One Source (CTOS) Surges 10.1%: Is This an Indication of Further Gains?

Custom Truck One Source, Inc. (CTOS) shares soared 10.1% in the last trading session to close at $5.67. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.1% gain over the past four weeks. Custom Truck One Source shares surged after Wall Street firm Stifel upgraded the stock from Hold to Buy and increased its price target. Stifel upgraded Custom Truck, citing improved equipment availability in the second quarter, stronger rental u ...