United Rentals (URI) saw a modest 1.9% increase since its last Earnings Report, and despite a downgrade from UBS, the company continues to attract significant investments. Notable shares sales from BNP PARIBAS ASSET MANAGEMENT and Mizuho Securities USA LLC were offset by new investments totaling over $1.66 million by Icon Wealth Advisors LLC. Shareholders seem confident in URI's growth, as evidenced by recent purchases from Charles Schwab Investment Management Inc. and Premier Fund Managers Ltd. The third quarter of 2024 saw record revenues and strategic growth for United Rentals, drawing the attention of value investors. However, the company did experience a slight drop in stock value after Q3 earnings and revenues came in lower than expected, causing minor bearish sentiment. Nonetheless, United Rentals remains a top growth stock for the long-term. The stock has experienced notable movement with analysts forecasting more room to run despite competition and market fluctuations.
United Rentals URI News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 23 Nov 2024 12:30:18 GMT -
Rating 4
- Innovation 3
- Information 6
- Rumor -2
