Return 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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United Rentals price target raised to $138 from $125 at Jefferies Jefferies raised its price target for United Rentals shares to $138 saying it's too early to take profits in the name. The firm lists the S&P 500 Index inclusion post close of trading on September 19 and an improving macro environment as catalysts for the stock. It reiterates a Buy rating on the name.