Hertz has positive read through from United Rentals results, says Wells Fargo After United Rentals (URI) reported stronger than expected Q1 results, Wells Fargo thinks the company's results have positive implications for Hertz's (HTZ) equipment rental unit. The firm reiterates an Outperform rating on Hertz.
News For HTZ;URI From The Last 14 Days
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United Rentals raises FY14 revenue view to $5.55B-$5.65B from $5.45B-$5.65B Raises FY14 adjusted EBITDA view to $2.65B-$2.7B from $2.55B-$2.65B. Raises FY14 free cash flow view to $450M-$500M from $425M-$475M.