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July 8, 2014
08:38 EDTURIReturn to peak construction implies $140 price for United Rentals, says UBS
UBS said assumptions of a return to peak construction levels, an increase in market share, and continued execution and operating metrics will imply a longer term potential target of $140 for United Rentals. The firm believes discounted back models will support its 12 month price target of $120 per share and keeps its Buy rating on the stock.
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