Deutsche Bank analyst Nicole DeBlase raised the firm’s price target on United Rentals to $399 from $341 and keeps a Hold rating on the shares. United Rentals delivered a solid Q4 beat and issued 2023 guidance well ahead of consensus, and while much of this was driven by the inclusion of $0.3B EBITDA related to the Ahern acquisition, guidance still came in ahead of expectations outside of this, the analyst tells investors in a research note.
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Published first on TheFly
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