Goldman Sachs analyst Jerry Revich maintained a Buy rating on United Rentals (URI – Research Report) yesterday and set a price target of $950.00.
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Jerry Revich has given his Buy rating due to a combination of factors that highlight United Rentals’ strategic positioning and operational strengths. The company’s disciplined approach to capital deployment is a key factor, as it allows for sustained growth and profitability. Moreover, United Rentals is poised to benefit from increased penetration in the Specialty segment, which is expected to drive further revenue growth.
Additionally, the improving capacity utilization within the industry, coupled with supply cuts, positions United Rentals advantageously. The company’s logistics-driven cost advantages over a significant portion of the industry, along with its ability to adjust volumes through its flexible labor structure, further support the positive outlook. These elements together suggest that United Rentals is well-positioned to enhance its profitability across economic cycles.