United Rentals Surges to 128th in Trading Volume with $590 Million Turnover

On April 14, 2025, United Rentals (URI) saw a significant increase in trading volume, with a turnover of $590 million, marking a 32.38% rise from the previous day. This surge placed United Rentals at the 128th position in terms of trading volume for the day. The stock price of United Rentals also rose by 2.39%, marking the second consecutive day of gains, with a total increase of 2.91% over the past two days.

JPMorgan analyst Tami Zakaria has lowered the firm's price target for United Rentals from $1,000 to $750, while maintaining an Overweight rating on the shares. This adjustment is part of a broader first-quarter review of the construction equipment sector, considering the heightened risk of recession that could impact future business outlooks.

The analysis suggests that while there might have been some advance purchases in the first quarter due to upcoming tariff announcements, companies in the sector might either downplay their existing annual forecasts or choose not to provide guidance altogether. The anticipated growth in the latter half of the year is also less certain than previously expected, given these evolving market conditions.

Overall, JPMorgan has adjusted its estimates and price targets not only for United Rentals but broadly across the industry, reflecting these cautionary economic signals. The average rating for United Rentals remains Overweight, with a mean price target of $745.41, according to analysts polled by FactSet.