Argus analyst Kristina Ruggeri raised the firm’s price target on United Rentals (URI) to $935 from $735 and keeps a Buy rating on the shares. The company has set records for total revenue and adjusted EBITDA this quarter, as it has done consistently for over three years, and the firm sees growth opportunities for United Rentals as lower interest rates and onshoring activities spur customer projects, the analyst tells investors in a research note.
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