Citigroup Maintains Buy on United Rentals, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein has reaffirmed a Buy rating on United Rentals (NYSE:URI) and increased the price target from $490 to $650, indicating a positive outlook on the company's stock.
December 15, 2023 | 5:28 pm
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Citigroup analyst Timothy Thein has maintained a Buy rating on United Rentals and raised the price target to $650, suggesting a strong confidence in the company's future performance.
The increase in price target by a reputable analyst like Timothy Thein typically signals a bullish outlook on the stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
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