Credit Suisse Reinstates Hertz Global (HTZ) at Outperform
Get Alerts HTZ Hot Sheet
Rating Summary:
4 Buy, 8 Hold, 4 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 14 | Down: 13 | New: 15
Join SI Premium – FREE
Credit Suisse reinstates coverage on Hertz Global (NYSE: HTZ) with a Outperform rating and a price target of $23.00.
Analyst A. Singh commented, "We reinstate a rating on HTZ, now Outperform, post the company completing its restatement and providing an outlook. We assign a $23 TP to HTZ based on a SOTP analysis. We view HTZ filing restated financials to be a milestone for HTZ, as the company can its focus on getting back to full operating strength. We look towards HTZ making progress on targeted cost saves this year and next, executing on the DTG integration, and completing the HERC spin."
For an analyst ratings summary and ratings history on Hertz Global click here. For more ratings news on Hertz Global click here.
Shares of Hertz Global closed at $19.01 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Stifel Upgrades Oxford Biomedica (OXB:LN) (OXBDF) to Buy
- Travelers (TRV) PT Lowered to $225 at RBC Capital
- Las Vegas Sands (LVS) PT Lowered to $65 at Mizuho
Create E-mail Alert Related Categories
Analyst Comments, New CoverageRelated Entities
Credit SuisseSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!