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Enter Symbol:
Rating: RUSHA
down 29.00 %

Rush Enterprises, Inc. (NASDAQ: RUSHA) downgraded to Hold by BB&T Capital Mkts

Thursday,  Dec 17, 2015  10:25 AM ET by Betsy O'Brien Harrison

BB&T Capital Mkts downgraded Rush Enterprises, Inc. (NASDAQ: RUSHA) to Hold. Previously BB&T Capital Mkts downgraded to Rush Enterprises, Inc. (NASDAQ: RUSHA) to Buy with price
target $36 on 01/12/2015, when the stock price was $29.43. Since then, Rush Enterprises, Inc.'s stock price has lost 29% as of 12/17/2015's recent price of $20.95.
If you would have followed the previous BB&T Capital Mkts's recommendation on RUSHA, you would have lost 29% of your investment in 339 days.

Rush Enterprises, Inc. (Rush) is a full-service, integrated retailer of transportation and construction equipment, and related services. The Company operates through two business segments: the Truck Segment and the Construction Equipment Segment. The Truck segment operates a regional network of Rush Truck Centers. Rush Truck Centers sell trucks manufactured by Peterbilt, Volvo, GMC, Hino, UD, Ford or Isuzu. Through its network of Rush Truck Centers, the Company provides one-stop service for the needs of its customers, including retail sales of new and used trucks, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The Construction Equipment segment operates John Deere equipment centers in Southeast Texas. Construction equipment dealership operations include the retail sale of new and used construction equipment, aftermarket parts and service facilities, equipment rentals, and the financing of new and used equipment.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.

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