Stock Track | United Rentals Soars 5.08% Intraday on Analyst Bullishness and Board Appointment

Stock Track02-04 23:45

United Rentals' stock surged 5.08% during intraday trading on Wednesday, driven by positive analyst sentiment and corporate governance developments.

The rally followed Bernstein analyst Chad Dillard maintaining a Buy rating on the company and setting a price target of $965.00, signaling continued confidence in the industrial equipment rental firm's prospects.

Additionally, United Rentals announced the appointment of Alexander Taussig, currently a Board Partner at Lightspeed Venture Partners, to its Board of Directors, expanding the board to eleven members with nine being independent directors.

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