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United Rentals price target raised to $873 from $785 at Truist

Truist raised the firm’s price target on United Rentals to $873 from $785 and keeps a Buy rating on the shares after its Q2 earnings beat. Despite market concerns on macro and pockets of weakness in non-residential construction, the company’s business model is proving more resilient helped by continued strength in mega and investment in the specialty, the analyst tells investors in a research note.

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