Oppenheimer Raises Price Target On United Rentals, Inc. (URI)

Analysts at Oppenheimer have released an update on United Rentals, Inc. URI. Following their recent meeting with the company’s management, analysts at Oppenheimer continue to be drawn to the company’s near-term momentum and intermediate/long-term story. Analysts believe that United Rentals, Inc. represents an attractive investment gain given the company’s leadership in an industry with compelling secular growth characteristics, continued opportunity to deliver internal improvement and leverage to a rebound in construction activity. Analysts at Oppenheimer have maintained their Outperform rating for United Rentals, Inc. The price target for the company has been raised from $15 to $17.