Barclays Maintains Underweight on United Rentals, Raises Price Target to $565
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adam Seiden maintains an Underweight rating on United Rentals (NYSE:URI) but raises the price target from $400 to $565.
October 25, 2024 | 6:06 pm
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Barclays analyst Adam Seiden maintains an Underweight rating on United Rentals but raises the price target from $400 to $565.
The Underweight rating suggests a bearish outlook, but the significant increase in the price target indicates a more optimistic view on the stock's potential value. This mixed signal may lead to neutral short-term price movement as investors digest the implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100