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Fly News Breaks for March 26, 2015
URI
Mar 26, 2015 | 09:09 EDT
UBS views the recent pullback in shares of United Rentals as a buying opportunity. The firm says that while its latest rental rates survey weakened from the prior month, the deterioration is likely related to weather. UBS believes Q1 will mark an operational low point for United Rentals and that the upcoming seasonal rebound is not priced into the shares. The firm keeps a Buy rating on the stock with a $110 price target.
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