Wells Fargo analyst Seth Weber raised the firm’s price target on United Rentals to $495 from $490 and keeps an Overweight rating on the shares. United Rentals’ upside in Q2 and raised FY guidance underscores solid execution in healthy markets, the analyst tells investors in a research note.
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- United Rentals price target raised to $521 from $482 at Credit Suisse
- United Rentals price target raised to $525 from $520 at KeyBanc
- United Rentals price target raised to $320 from $300 at Baird
- United Rentals raises FY23 revenue view to $14B-$14.3B from $13.7B-$14.2B
- United Rentals reports Q2 adjusted EPS $9.88, consensus $9.01