Northcoast Research Upgrades Hertz Global (HTZ) to Buy

March 4, 2019 9:37 AM EST
Get Alerts HTZ Hot Sheet
Price: $1.78 --0%

Rating Summary:
    2 Buy, 4 Hold, 6 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
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Northcoast Research analyst John Healy upgraded Hertz Global (NYSE: HTZ) from Neutral to Buy with a price target of $25.00.

  • Says business trends are healthy.
  • Self-help restructuring efforts steadily improving and nearing an end.
  • Views business with ride hailing company's as one which can be a real driver of growth.
  • Expects investors perceptions for rental car companies could change in 2019.
  • Sees TNC as a potential driver of improve economics resulting profitable growth with EBITDA margins on a monthly basis reaching 9-16%.

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 $19.35 yesterday.

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