United Rentals Announces Redemption of 7.375% Senior Notes Due 2020
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Jefferies Raises Price Target on United Rentals (URI) to $88 Following 2Q; Reiterates Buy
July 22, 2016 9:11 AM EDTJefferies reiterated a Buy rating on United Rentals (NYSE: URI) and raised the price target to $88.00 (from $80.00), following the company's 2Q earnings report.
Analyst Justin Jordan commented, "$679m 16Q2 EBITDA (1% cons beat) with -2.4% 16Q2 rental rates (beat on -3.7% cons). May & June... More
UBS Remains Sidelined on United Rentals (URI) Following 2Q - PT to $73
July 21, 2016 10:01 AM EDTUBS reiterated a Neutral rating on United Rentals (NYSE: URI), and raised the price target to $73.00 (from $71.00) following the company's 2Q earnings report. URI raised its 2016 rental rate growth guidance to down 2-3% from down 3-4%. The company continues to expect 2016 revenues of $5.6-5.8b, and adj... More
Jefferies Reiterates Buy on United Rentals (URI) Following a 2Q Beat
July 21, 2016 7:48 AM EDTJefferies reiterated a Buy rating and $80.00 price target on United Rentals (NYSE: URI) following the company's 2Q earnings report. URI reported revenues flat Y/Y at $1.4bn. EPS rose 6% Y/Y to $2.06, an 11% beat on $1.85 street consensus.
Analyst Justin Jordan commented,... More
