Herc Holdings (HRI) Declares $0.6325 Quarterly Dividend; 2% Yield

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United Rentals (URI) and Herc Holdings (HRI) cut at KeyBanc on moderating rental fundamentals

December 4, 2023 10:55 AM EST

KeyBanc Capital downgraded shares of United Rentals (NYSE: URI) and Herc Holdings (NYSE: HRI) to Sector Weight from Overweight in a note Monday on moderating rental fundamentals.

Analyst Ken Newman noted plateauing pricing in its proprietary spot rental rate... More