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United Rentals price target lowered to $1,020 from $1,050 at BofA

BofA lowered the firm’s price target on United Rentals (URI) to $1,020 from $1,050 and keeps a Buy rating on the shares. The first take reaction on Q4 results is likely to be “somewhat disappointing” given shares are up 12% year-to-date and the firm sees no positive revisions to consensus, the analyst tells investors.

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