Mcgrath Rentcorp (MGRC) has disclosed a new risk, in the Capital Markets category.
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McGrath Rentcorp faces potential risks due to changes in the U.S. trade environment, including new and proposed tariffs, and geopolitical economic uncertainties. These changes could lead to retaliatory tariffs from trading partners, reducing trade volume and affecting global economic stability. Such developments may cause customers to delay or reconsider projects, impacting McGrath Rentcorp’s business engagements and financial performance. Additionally, economic challenges could constrain customers’ budgets, affecting their ability to make timely payments, thereby adversely impacting McGrath Rentcorp’s financial condition and operational results.
The average MGRC stock price target is $139.00, implying 10.08% upside potential.
To learn more about Mcgrath Rentcorp’s risk factors, click here.