Goldman Sachs Maintains Buy on United Rentals, Raises Price Target to $718
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich has reaffirmed a Buy rating on United Rentals (NYSE:URI) and increased the price target from $510 to $718, indicating a positive outlook on the company's stock.
January 26, 2024 | 3:03 pm
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Goldman Sachs analyst Jerry Revich maintains a Buy rating on United Rentals and raises the price target to $718, suggesting a strong confidence in the company's future performance.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a strong conviction in the company's growth prospects and financial health. This endorsement often leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100