KeyBanc Capital Markets Initiates McGrath RentCorp Coverage

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KeyBanc Capital Markets initiated its McGrath RentCorp
MGRC
coverage with a Buy rating and $28 price target in a research report published today. In the report, KeyBanc Capital Markets states, "We view MGRC as a high quality way to own an equipment rental firm at an attractive valuation." Shares of McGrath RentCorp were trading at $22.95 at the time of posting, down 1.71% from Friday's market close.
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Posted In: Analyst ColorInitiationAnalyst RatingsDiversified Commercial & Professional ServicesIndustrialsKeyBanc Capital Markets
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