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.
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.