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JP Morgan analyst Tami Zakaria maintains Sunbelt Rentals Holdings (NYSE:SUNB) with a Underweight and raises the price target from $71 to $79.
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Sunbelt Rentals Holdings, Inc. reported that Lynne Fuller-Andrews, Executive Vice President, General Counsel and Corporate Secretary, has announced her intention to retire effective November 1, 2027.
Filed: 2026-10-27 AccNo: 0001193125-26-434400 Size: 135 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Herc Holdings surged over 22% after delivering a strong Q3 earnings beat with adjusted EPS up 76.1% and raising full-year guidance. The company successfully integrated H&E Equipment Services and is capitalizing on mega-projects in data centers and oil & gas, while higher interest rates drive customers to lease rather than buy equipment. Trading at reasonable valuations relative to peers, Herc appears well-positioned for continued industrial growth.
Sunbelt Rentals Holdings, Inc. reported the repurchase of 15,000 shares of its common stock as part of its ongoing $1.5 billion share repurchase program.