Goldman Sachs Maintains Buy on United Rentals, Raises Price Target to $790
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Buy rating on United Rentals (NYSE:URI) and raises the price target from $718 to $790, indicating a positive outlook on the company's stock.
April 16, 2024 | 1:54 pm
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Goldman Sachs maintains a Buy rating on United Rentals and increases the price target to $790, showing strong confidence in the company's future performance.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a bullish outlook on the stock, suggesting that the analyst sees strong fundamentals or growth prospects for United Rentals. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100