Goldman Sachs Resumes Hertz Global (HTZ) at Buy
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Price: $25.39 -1.01%
Rating Summary:
2 Buy, 1 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Rating Summary:
2 Buy, 1 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14
Trade HTZ Now!
Goldman Sachs reinstates coverage on Hertz Global (NYSE: HTZ) with a Buy rating and $14.50 price target.
The firm said HTZ is a compelling value opportunity on rebounding corporate travel volume, has more room to go on its cost-cutting efforts, has a new growth avenue with push into airports and HERC equipment rental is a second leg to the story.
For more ratings news on Hertz Global click here and for the rating history of Hertz Global click here.
Shares of Hertz Global closed at $12.04 yesterday, with a 52 week range of $8.36-$15.60.
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The firm said HTZ is a compelling value opportunity on rebounding corporate travel volume, has more room to go on its cost-cutting efforts, has a new growth avenue with push into airports and HERC equipment rental is a second leg to the story.
For more ratings news on Hertz Global click here and for the rating history of Hertz Global click here.
Shares of Hertz Global closed at $12.04 yesterday, with a 52 week range of $8.36-$15.60.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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Rental Equipment
Ottowheat on Nov 23, 2010 09:48 PMMark as Spam | Reply to this comment
I see this ARD (American Direct Rental) taking a lot of jobs around here recently, are they a part of TRANE, York or Carrier? Does anybody know how to get in contact with them? I tried Google and the normal searches but just can't find them, how does someone unheard of start scoring such large jobs all of a sudden?