BUZZ-Bernstein upgrades United Rentals to 'market-perform'

Reuters
03-25
BUZZ-Bernstein upgrades United Rentals to 'market-perform'

** Bernstein upgrades rating on equipment rental firm United Rentals URI.N to "market-perform" from "underperform"

** "We underestimated the power of Specialty Rental, which has become an outsized contributor to growth in earnings, returns and multiple" - brokerage

** But cuts PT to $666 from $705, still implying a 3% upside to stock's last close

** A softer supply/demand environment will pressure company's general rentals segment's gross margins - Bernstein

** 11 of 23 brokerages rate URI "buy" or higher, 9 "hold" and 3 "sell" or lower; median PT is $782.50 - data compiled by LSEG

** As of last close, stock down 8% YTD

(Reporting by Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10