Keefe, Bruyette & Woods Upgrades CAI International (CAP) to Outperform; Sell-Off Seems Overdone

May 18, 2011 7:11 AM EDT
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Price: $7.95 --0%

Rating Summary:
    4 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Keefe, Bruyette & Woods upgraded CAI International (NYSE: CAP) from Market Perform to Outperform. PT $28.

KBW analyst says, "Industry fundamentals for the container leasing industry remain strong driven by growing containerized trade volumes and demand for leased containers from the shipping companies."

For more ratings news on CAI International click here and for the rating history of CAI International click here.

Shares of CAI International closed at $21.85 yesterday.


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