Zacks Investment Research upgraded shares of MCGRATH RENTCOR (MGRC) from UNDERPERFORM to NEUTRAL on October 03, 2012, with a target price of $27.30.
McGrath RentCorp is comprised of three business segments: Mobile Modular Management Corporation, their modular building rental group, RenTelco, their electronic test equipment rental group, and Enviroplex, their majority-owned subsidiary classroom manufacturing business. MMMC rents and sells modular buildings and accessories to fulfill customers' space needs. These units are used as temporary offices adjacent to existing facilities, and are used as sales offices, construction field offices, classrooms, health care clinics, child care facilities and for a variety of other purposes.
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