United Rentals stock moves: Pine Valley reduces stake, analysts keep buy rating

Pine Valley Investments Ltd Liability Co sold 1,440 shares of United Rentals, Inc., cutting its holding by about 20.2% to 5,674 shares valued at roughly $4.1 million. At the same time, research firm Argus reiterated a "buy" rating on United Rentals with a $1,250 price objective, suggesting nearly a 10% upside. Other analysts also issued ratings and price targets ranging from $715 to $1,335. United Rentals reported quarterly earnings of $12.76 earnings per share, beating expectations, with a net margin of 15.67% and a market capitalization of $70.77 billion. The shares rose $21.12 in midday trading to about $1,137 per share.