Market Overview

UPDATE: Morgan Stanley Reiterates Equal-Weight Rating, Lowers PT On Neff Corp. On Model Update

Share:
Related NEFF
Top Performing Industries For July 15, 2016
Benzinga's Volume Movers

In a report published Wednesday, Morgan Stanley analyst Nicole DeBlase reiterated an Equal-Weight rating on Neff Corp. (NYSE: NEFF), but lowered the price target from $18.00 to $17.00.

In the report, Morgan Stanley noted, "NEFF's first quarter as a publicly traded company was strong, but investors remain concerned about the potential for O&G contagion to leak into the equipment rental space-especially since NEFF has not embedded deterioration into its 2015e outlook. We maintain our Equal-weight rating."

Neff Corp. closed on Tuesday at $10.54.

Latest Ratings for NEFF

DateFirmActionFromTo
Nov 2016JefferiesDowngradesBuyHold
Apr 2016Avondale PartnersMaintainsMarket Perform
Mar 2016Bank of AmericaDowngradesNeutralUnderperform

View More Analyst Ratings for NEFF
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Nicole DeblaseAnalyst Color Price Target Analyst Ratings

 

Related Articles (NEFF)

View Comments and Join the Discussion!