Keybanc Downgrades United Rentals to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Ken Newman has downgraded United Rentals (NYSE:URI) from Overweight to Sector Weight, indicating a neutral outlook on the company's stock.

December 04, 2023 | 9:35 am
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United Rentals downgraded by Keybanc from Overweight to Sector Weight, suggesting a neutral stance on the stock's future performance.
The downgrade from Overweight to Sector Weight by a Keybanc analyst implies that the stock is expected to perform in line with the sector, rather than outperform it. This could lead to a neutral short-term impact on the stock price as investors adjust their expectations.
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