United Rentals price target raised to $100 from $86 at Jefferies Jefferies raised its price target for United Rentals shares to $100 ahead of the company's Q4 results and keeps a Buy rating on the stock. The firm expects the company to issue an upbeat outlook.
United Rentals price target lowered to $60 from $90 at Jefferies Jefferies analyst Justin Jordan lowered his estimates for United Rentals to reflect macro concerns and dropped his price target for the shares to $60 from $90. After testing three scenarios, including a U.S. recession in 2016-2017, Jordan believes United Rentals' leverage and liquidity can manage an economic downturn. He keeps a Buy rating on the stock.
United Rentals price target lowered to $52 from $78 at BofA/Merrill BofA/Merrill said United Rentals EBITDA could be down again in 2017 and expects shares to trade at the lower end of the historical range until rate momentum reaccelerates. As a result, the firm lowered its price target to $52 from $78 and maintains its Neutral rating on United Rentals shares.