NewEdge Advisors LLC Increases Holdings in United Rentals, Inc. $URI

NewEdge Advisors LLC significantly increased its stake in United Rentals, Inc. (NYSE:URI) by 106% in the second quarter, bringing its total holdings to 3,002 shares valued at $3.4 million. This move is part of a broader trend of institutional investment in URI, with other firms like SFE Investment Counsel and Eventide Asset Management also increasing their positions. Analysts maintain a "Moderate Buy" rating for United Rentals, with a consensus price target of $1,230.88, following strong quarter