JP Morgan Initiates Coverage On United Rentals with Overweight Rating, Announces Price Target of $780
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has initiated coverage on United Rentals (NYSE:URI) with an Overweight rating and a price target of $780.
June 07, 2024 | 1:26 pm
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JP Morgan has initiated coverage on United Rentals with an Overweight rating and a price target of $780.
An Overweight rating from a major financial institution like JP Morgan is likely to boost investor confidence in United Rentals, potentially driving the stock price up in the short term. The high price target of $780 further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100