JP Morgan Maintains Overweight on United Rentals, Raises Price Target to $940
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria has maintained an Overweight rating on United Rentals (NYSE:URI) and raised the price target from $780 to $940.
September 23, 2024 | 2:13 pm
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POSITIVE IMPACT
JP Morgan has increased its price target for United Rentals from $780 to $940, maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $780 to $940 by JP Morgan indicates a strong positive sentiment towards United Rentals' future performance. Maintaining an Overweight rating suggests that the analyst expects the stock to outperform the market. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100