BofA lowered the firm’s price target on United Rentals (URI) to $750 from $850 and keeps a Buy rating on the shares. United Rentals is not observing a step-change in its business despite headlines, the analyst tells investors in a research note. The firm continues to prefer United Rentals in the rental space to peer Herc Holdings (HRI) and rental suppliers.
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Read More on URI:
- United Rentals price target lowered to $750 from $850 at BofAHerc Holdings
- United Rentals: Resilient Market Leader with Strong Growth Potential and Strategic Stability
- Strategic Positioning and Operational Strengths Drive United Rentals’ Buy Rating
- Herc Holdings to acquire H&E Equipment, to pay $63.25M fee to United Rentals
- United Rentals Receives Termination Fee After Merger Ends