Zacks Initiates Coverage of EVI Industries With Neutral Recommendation
EVIEnviroStar(EVI) ZACKS·2024-06-06 21:50

Zacks Investment Research has recently initiated coverage of EVI Industries, Inc. (EVI) with a Neutral recommendation. This coverage highlights the company’s strategic positioning in the expanding dry-cleaning and laundry services market, balanced against several notable challenges. EVI Industries, headquartered in Miami, is a value-added distributor of a wide range of commercial laundry equipment and services. The company has leveraged a "buy-and-build" strategy since 2015, making significant acquisitions ...