Deutsche Bank Lowers RSC Price Target To $15

By BenzingaStaffB
Benzinga Staff Writer
July 11, 2011 8:17 AM

Symbols: RSC

Posted in: Analyst Color, Price Target, Analyst Ratings

According to Deutsche Bank, RSC (NYSE: RSC) price target was lowered to $15.

Deutsche Bank said that, based on comments made RSC management at the DB Industrials conf, we believe industry rates and utilization continue to improve, albeit gradually, and will remain on a positive trajectory in 2H11. “We maintain our Buy as industrial strength will fuel RSC's industry leading topline growth, and operational efficiency position RSC for significant margin expansion.”

RSC closed on Friday at $12.06.

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Deutsche Bank Lowers RSC Price Target To $15

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