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Fly News Breaks for January 25, 2016
MINI
Jan 25, 2016 | 09:18 EDT
After conducting channel checks, KeyBanc says that the fundamentals of Mobile Mini's sector beat expectations in Q4, driven by the longer construction season and an earlier start to the retail season. The firm thinks that the company's restructuring is continuing to gain traction, and it remains upbeat on the portable storage market. The firm cut its price target on the stock to $34 from $52 to reflect a lower multiple but keeps a Buy rating on the shares.
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