Goldman Sachs Resumes Hertz Global (HTZ) at Buy

November 19, 2010 7:18 AM EST Send to a Friend
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Price: $21.22 -4.41%

Rating Summary:
    2 Buy, 4 Hold, 1 Sell

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Today's Overall Ratings:
    Up: 29 | Down: 28 | New: 24
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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.


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Comments

Rental Equipment
Ottowheat on 2010-11-23 21:48:45
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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?


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