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Stock impact report

Why The Story Around Hertz Global Holdings (HTZ) Is Shifting After Weaker Q4 And Target Cut [Yahoo! Finance]

Hertz Global Holdings, Inc (HTZ) 
Last hertz global holdings, inc earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.hertz.com
Company Research Source: Yahoo! Finance
The story around Hertz Global Holdings has shifted as the fair value estimate moves from US$4.75 to US$4.33 and the formal price target is trimmed from US$5.50 to US$5.00. Analysts link this adjustment to weaker than expected Q4 results and guidance, along with a reset in rental car assumptions for both Hertz and peers like Avis Budget. As you read on, you will see how these updated targets fit into the broader bullish and bearish narratives and what to watch next as the story develops. Analyst Price Targets don't always capture the full story. Head over to our Company Report to find new ways to value Hertz Global Holdings. What Wall Street Has Been Saying ?? Bullish Takeaways Morgan Stanley, via analyst Andrew Percoco, maintains an Equal Weight rating on Hertz, which signals a more balanced view rather than a strongly negative stance even after updating its rental car estimates. The revised US$5.00 price target from Morgan Stanley still sits above the latest fair value est Show less Read more
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