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United Rentals price target raised to $350 from $300 at Barclays

Barclays analyst Adam Seiden raised the firm’s price target on United Rentals to $350 from $300 and keeps an Underweight rating on the shares post the Q4 results. A confluence of factors led 2022 to be one of the better equipment rental years in decades, the analyst tells investors in a research note. However, the firm see the company’s path more challenging going forward.

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Published first on TheFly

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