United Rentals price target raised to $122 from $105 at KeyBanc KeyBanc increased its price target on United Rentals as the firm expects the company to benefit from strong project activity in the Gulf Coast region. The firm thinks this trend is underappreciated by investors,. It keeps a Buy rating on the shares.
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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.