Oppenheimer is out with its report today on Mobile Mini MINI, raising its PT from $25 to $28.
In a note to clients, Oppenheimer writes, "We're reiterating our Outperform rating and increasing our price target to $28 from $25. MINI remains on track to leverage a demand rebound over 2011-2012 at a high-60s incremental EBITDA margin as currently improving non-residential construction leading indicators such as the ABI (Architecture Billings Index) lead to realization of mid-to-high single digit+ top-line growth."
Shares of MINI closed Monday at $22.74, up 3.93% from Friday's close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsDiversified Commercial & Professional ServicesIndustrialsmobile miniOppenheimer
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