UPDATE: Morgan Stanley Initiates Coverage on United Rentals on FCF Allocation/Capex Discipline
September 05, 2013 at 10:31 AM EDT
In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on United Rentals (NYSE: URI ) with an Equal-Weight rating and $60.00 price target. In the report, Morgan Stanley noted, “We believe FCF allocation/capex discipline is key to the investment story. In our view, several factors have changed