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United Rentals Inc (Symbol: URI) shares have surpassed the average analyst 12-month target price of $829.28, currently trading at $840.74 per share. This movement prompts analysts to either downgrade their valuation or raise their target price based on the company’s recent performance.
Currently, 14 analysts provide target ratings for United Rentals, with forecasts ranging from a low of $565.00 to a high of $1004.00, resulting in a standard deviation of $144.282. The breakdown of recent analyst ratings shows 6 strong buys, 1 buy, 6 holds, and 4 strong sells, with an average rating of 2.71 on a scale where 1 is Strong Buy and 5 is Strong Sell.
Investors are encouraged to evaluate whether URI’s recent price increase is a signal for continued growth or a potential indication to reconsider their positions.
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