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Fly News Breaks for October 26, 2016
MINI
Oct 26, 2016 | 07:55 EDT
Oppenheimer analyst Scott Schneeberger lowered his price target for Mobile Mini to $29 from $35 after Q3 revenue, adjusted EBITDA and adjusted EPS underperformed consensus expectations, as sales force productivity was adversely impacted by elevated turnover as the company continues to adjust its sales model. The analyst reiterates an Outperform rating on the shares.
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