United Rentals (URI) recent activities have drawn notable attention. Baird R W has increased its rating to “Hold”, and Truist Financial has marginally decreased the company's price target. The firm has made a significant move by acquiring H&E Equipment Services in a $4.8 billion deal which is expected to expand the company's equipment capacity dramatically. Many investors have increased their stakes in URI, including Avanza Fonder AB and Relyea Zuckerberg Hanson LLC, which suggests stocks may be undervalued. The company's CEO and CFO will present Q4 2024 earnings in late January, with possible projections indicating promising results. Julie Brandt, a Johnson Controls Executive, has been added to URI's Board. Despite some insiders selling stocks, predictions suggest URI is set to outperform the market. This major equipment rental provider also saw a 4.01% gain following the analyst upgrade and acquisition announcement. However, Bernstein remains cautious over regulatory issues in relation to the company's acquisition.
United Rentals URI News Analytics from Thu, 25 Jul 2024 07:00:00 GMT to Sat, 18 Jan 2025 11:01:43 GMT - Rating 8 - Innovation 5 - Information 7 - Rumor -2
