Stephens downgraded shares of Element Fleet Management (OTCMKTS:ELEEF) from an overweight rating to a hold rating in a research report released on Wednesday, The Fly reports.
Separately, TD Securities reissued a buy rating on shares of Element Fleet Management in a research note on Tuesday.
Shares of OTCMKTS:ELEEF opened at $5.85 on Wednesday. Element Fleet Management has a one year low of $2.60 and a one year high of $8.22.
Element Fleet Management Corp. operates as a fleet management company in Canada, the United States, and internationally. The company offers fleet management services, including acquisition, financing, program management, and remarketing services for cars and light duty vehicles, medium and heavy duty trucks, material handling equipment, automobiles, and specialty vehicles and equipment, as well as corporate, municipal, and industrial fleets.
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