United Rentals price target lowered to $903 from $965 at Bernstein

Bernstein analyst Chad Dillard lowered the firm’s price target on United Rentals (URI) to $903 from $965 and keeps an Outperform rating on the shares ahead of quarterly results. The firm notes most forward-looking indicators point to re-accelerating demand and consensus is well calibrated for a slow start to 2026. However, Bernstein acknowledges uncertainty towards the economic outlook and says it tactically prefers companies with high exposure to secular end markets that will deliver growth despite any cyclical growth concerns.