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United Rentals (URI) NewsBite - Outperform Rating Lifts URI

Oct 19, 2009 (Fresh Brewed Media via COMTEX) --

Company: United Rentals, Inc. (URI)

United Rentals (NYSE: URI) opened at $10.99. So far today, the stock has hit a low of $10.82 and a high of $11.10. URI is now trading at $10.93, up $0.11 (1.02%). Over the last 52 weeks the stock has ranged from a low of $2.52 to a high of $11.32. Shares of URI are rising today after analysts at RBC Capital Markets initiated the stock at Outperform with a $13 price target. Technical indicators for the stock are bullish and S&P gives URI a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on URI the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 10 range.

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Company: United Rentals, Inc. (URI)


Related terms: nyse, S&P

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