Citi lifts United Rentals PT on strong growth outlook
ReutersJan 12, 2026 1:24 PM
Citi raises PT on equipment rental company United Rentals URI.N to $1,090 from $950; maintains rating at "buy"
New PT implies 16.1% upside to stock's last close
Brokerage sees URI as a top pick for 2026; cites strong organic growth potential and earnings upside supported by long-term demand and cyclical tailwind
Expects revenue and adjusted EBITDA to grow through 2026–2027, aided by an increasingly favorable backdrop of large-scale projects
17 of 23 brokerages rate stock "buy" or higher, 5 "hold" and 1 "sell"; median PT is $1,000 - data compiled by LSEG
URI rose nearly 15% in 2025
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