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URI
Benzinga
89 days

United Rentals' Upside Pinned On Scale, Resilient Customer Mix, Analyst Says

1. KeyBanc upgraded URI from Sector Weight to Overweight, predicting $865 target. 2. Management aims to capture market share in high-value Specialty segments. 3. Strong national account exposure could deliver stable revenue and fleet performance. 4. Analyst estimates bull-case EBITDA could exceed $8.6 billion by 2026. 5. 60% of sales from large national accounts may support fleet utilization.

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FAQ

Why Bullish?

The upgrade and price target suggest significant upside potential. Historical trends show upward movements after analyst upgrades when tied to strong fundamentals.

How important is it?

The upgrade reflects deep analysis and could influence investor sentiment significantly. URI's fundamentals align with the analyst's positive outlook.

Why Long Term?

Projected earnings growth is anticipated to play out over the next few years. Long-term capture of market segments could solidify URI’s position.

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