Downgrades Buy Neutral X

HEES H&E Equipment

UBS

$60 $92

Initiated Sector Weight X

HEES H&E Equipment

KeyBanc Capital Markets

Initiated Mkt Perform X

HEES H&E Equipment

Raymond James

Initiated Buy X

HEES H&E Equipment

B. Riley Securities

$53

Initiated Overweight X

HEES H&E Equipment

Wells Fargo

$55

Upgrades Neutral Buy X

HEES H&E Equipment

UBS

$45 $48

Reiterated Buy X

HEES H&E Equipment

BofA/Merrill

$32 $35

Initiated Buy X

HEES H&E Equipment

Longbow

$34

Initiated Buy X

HEES H&E Equipment

Stifel

$46

HEES  H&E Equipment Services, Inc.

H&E Equipment Services, Inc. is an integrated equipment services company. The Company is focused on heavy construction and industrial equipment. As of December 31, 2016, the Company rented, sold and provided parts and services support for four core categories of specialized equipment: hi-lift or aerial work platform equipment; cranes; earthmoving equipment, and industrial lift trucks. The Company's principal business activities include equipment rentals; new equipment sales; used equipment sales; parts sales, and repair and maintenance services. As of February 16, 2017, the Company had 78 facilities located throughout the West Coast, Intermountain, Southwest, Gulf Coast, Southeast and Mid-Atlantic regions of the United States. The Company rents its heavy construction and industrial equipment to its customers on a daily, weekly and monthly basis. The Company sells new heavy construction and industrial equipment. The Company is a distributor of Grove and Manitowoc crane equipment.