After United Rentals (URI)’ largest competitor, Ashtead, reported on its fiscal Q2 results this morning and lowered guidance for FY25, Evercore ISI analyst David Raso said the firm spoke with United management this morning, who view Ashtead comments as consistent with what the company has already been talking about and see “no surprises” here. The firm has an Outperform rating on United Rentals shares, which are down $50.96, or 6%, to $784.93 in early trading.
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