United Rentals price target raised to $105 from $88 at KeyBanc KeyBanc raised United Rentals price target to $105 from $88 citing solid order rate trends, moderate increases in rental end-market demand, and rising prices. Shares are Buy rated.
United Rentals upgraded at Morgan Stanley As previously reported, Morgan Stanley upgraded United Rentals to Overweight from Equal Weight. The firm said United Rentals continues to benefit from increased North American rental penetration and core U.S. non-residential growth appears robust. Morgan Stanley said believes management is fully commuted to structural change and improving ROIC to 11% by 2017. Price target is $115.