Argus raised the firm’s price target on United Rentals (URI) to $945 from $935 and keeps a Buy rating on the shares. United Rentals continues to set quarterly records for revenue and adjusted EBITDA, supported by a broad customer base in high-growth sectors like data centers, hospitals, semiconductors, and infrastructure, the analyst tells investors in a research note. With a diverse supply chain mitigating tariff risks and favorable conditions from pro-growth policies and lower interest rates, the firm says shares are trading attractively below peer valuations.
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