On May 22, KeyBanc Capital Markets analyst Ken Newman upped United Rentals, Inc. (NYSE:URI)’s stock from “Sector Weight” to “Overweight”, providing a price objective of $865.00.

The rental revenue hit a record of $3.1 billion for the first quarter, marking a 7.4% increase from the previous year. Additionally, United Rentals’ adjusted EBITDA margin improved to 44.9% ...