Stifel Maintains Buy on United Rentals, Raises Price Target to $591
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stanley Elliott has reaffirmed a Buy rating on United Rentals (NYSE:URI) and increased the price target from $494 to $591, indicating a positive outlook on the company's stock.
December 19, 2023 | 4:02 pm
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POSITIVE IMPACT
Stifel analyst Stanley Elliott maintains a Buy rating on United Rentals and raises the price target to $591, suggesting a bullish stance on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100