U-Haul Holding assumed with a Peer Perform at Wolfe Research

Wolfe Research initiated coverage of U-Haul Holding (UHAL) with a Peer Perform rating and no price target The firm says challenges in housing affordability and a lack of visibility in the home goods space gives it pause on the shares. Wolfe likes U-Haul’s core business, but says challenges around housing affordability and the macro environment pressure the movement of people, which puts it on the sidelines.