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Hertz stock's price target cut by Morgan Stanley [MarketWatch]

HERTZ GLOBAL HOLDINGS INC (HTZ)  More Company Research Source: MarketWatch
Last hertz global holdings inc earnings: 5/7 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.hertz.com
PDF Hertz stock's price target cut by Morgan Stanley Analysts at Morgan Stanley on Thursday cut their price target on Hertz Global Holdings Inc. HTZ, -11.38% to $12, from $15, saying that after Hertz's "disappointing" first-quarter results it was time to reduce their expectations about the company. Hertz shares have traded around their lowest in seven years following first-quarter results late Monday. Hertz stock has lost nearly 24% so far this week, which contrasts with losses of 0.3% for the S&P 500 Index SPX, -0.22% in the same period. [Read more]

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