Market Overview

United Rentals Falls 9% Following Evercore Downgrade

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Shares of United Rentals, Inc. (NYSE: URI) fell over 9 percent Monday following a downgrade from Evercore which cut its rating from Buy to Sell.

The downgrade followed Morgan Stanley reiterating an Equal-Weight rating on the stock.

The shares began falling at Monday’s open and then plummeted after 1:20 p.m. EST.

The stock is up 21 percent over the past year, but has shown volatility since October.

United Rentals recently traded at $94.18, down 9.1 percent.

Latest Ratings for URI

DateFirmActionFromTo
Apr 2019MaintainsOverweightOverweight
Dec 2018Initiates Coverage OnEqual-Weight
Oct 2018MaintainsOverweightOverweight

View More Analyst Ratings for URI
View the Latest Analyst Ratings

Posted-In: Evercore Morgan StanleyAnalyst Color Downgrades Analyst Ratings

 

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Latest Ratings

StockFirmActionPT
GMLPReiterates10.0
JWNReiterates29.0
DSGXInitiates Coverage On43.0
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LOGMAssumes77.0
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