#united rentals Tech News.
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StartupsSeeking Alphaabout 4 hours ago
United Rentals: A Full Valuation Given A Cloudy MacroUnited Rentals shares are rated a Sell at current levels after gaining 56% over the past year, with an estimated 20% downside to fair value of $880. Management raised 2024 guidance, targeting $2.3 billion in free cash flow and $7.625, $7.875 billion in EBITDA. The stock's 3.5% free cash flow yield signals stretched valuation.
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