United Rentals, Inc. (NYSE: URI) has been a focus of multiple financial entities in recent events. It has seen share transactions from companies such as
Sequoia Financial Advisors and
Findlay Park Partners, both of whom have offloaded URI shares. On the other hand, institutions such as
Private Advisor Group and
Schear Investment Advisors have increased their respective holdings. Even though the stock took a hit, performance wise, it still outshines competitors. The company's stocks also surpassed key benchmarks with an RS rating of above 80. Several companies are considering
United Rentals as a potential addition to their watchlists. Retirement Systems of Alabama and the State of Alaska Department of Revenue, recently withdrew investments from URI. URI experienced a decreasing value, but it's believed to be undervalued. Excitement arose as the company exceeded Q1 revenue projections and raised its 2024 guidance. The boosting announcement made by
MorganRosel Wealth Management about their fresh stakes in
United Rentals turned more eyes toward the stock. It's worthwhile to mention URI's move to buy
Yak, with the aim of diversifying its specialized business.
United Rentals URI News Analytics from Thu, 14 Dec 2023 08:00:00 GMT to Sun, 07 Jul 2024 12:43:35 GMT -
Rating 6
- Innovation 5
- Information 9
- Rumor -4