Mobile Mini initiated with "neutral" - update

07/19/07 - Credit Suisse

NEW YORK, July 19 (newratings.com) - Analysts at Credit Suisse initiate coverage of Mobile Mini Inc (MINI) with a "neutral" rating. The 12-month target price is set to $33.

In a research note published this morning, the analysts mention that the company is witnessing attractive growth opportunities on account of its brand-building initiatives and initiatives to expand its markets. The analysts add, however, that Mobile Mini's performance might be negatively impacted going ahead by decelerating growth rates in the retail and nonresidential construction activity.