Market Overview

Vetr Crowd Bullish On United Rentals After Earnings Beat

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The Vetr crowd on Friday upgraded its rating for United Rentals Inc. (NYSE: URI) from 3.5 stars (Buy), issued a week ago, to 4.5 stars (Strong Buy). Crowd sentiment in United Rentals at the time of the upgrade was unanimously positive, with 100 percent of Vetr user ratings bullish.

In spite of a strong earnings report on April 19, which saw a beat on estimates and a year-over-year growth in sales, share price in URI took a dip of more than 8 percent in the following weeks. That downward trend has reversed itself somewhat through the start of May thanks to upgrades from analysts with Bank of America and Evercore. However, shares are still down more than $10 since last month, trading at $111.65 by noon Friday.

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Currently, the Vetr crowd's average target price for United Rentals is up at $128.87, which is above the average analyst target price of $117.31. Less than 2 percent of Vetr users are holding URI in their watch lists.

Latest Ratings for URI

DateFirmActionFromTo
Jun 2020UBSMaintainsBuy
May 2020UBSUpgradesNeutralBuy
Apr 2020CFRAReiteratesBuy

View More Analyst Ratings for URI
View the Latest Analyst Ratings

 

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Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

Latest Ratings

StockFirmActionPT
CECENeedhamMaintains10.0
MERCRBC CapitalDowngrades9.0
SGHRosenblattInitiates Coverage On45.0
VECOOppenheimerInitiates Coverage On18.0
NVAXJP MorganUpgrades46.0
View the Latest Analytics Ratings
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