United Rentals price target raised to $110 from $98 at RBC Capital RBC Capital increased its price target on United Rentals after the company reported higher than expected Q1 EBITDA and cash flow that the firm sees as strong. The firm finds the stock's valuation attractive and keeps a Top Pick rating on the shares.
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.