http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2024, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Mon, 21 Oct 2024 11:07:39 -0500 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Investing/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html <p>Investing.com -- JPMorgan downgraded Hertz Global Holdings (OTC:HTZGQ) to Underweight from Neutral, citing concerns over softer travel trends and potential challenges in managing its vehicle fleet. </p> <p dir="ltr">The bank removed its previous price target of $5, reflecting a revised outlook for the company’s financial performance.</p> <p dir="ltr">In a note to clients, JPMorgan stated, “We lower estimates to account for softer travel trends and possible faster churn of vehicle fleet,” which could result in higher depreciation costs and lower EBITDA. </p> <p dir="ltr">The analysts have adjusted their EBITDA forecast for 2025 down to $325 million from a prior estimate of $425 million and project just $400 http://www.streetinsider.com/Investing/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html Mon, 21 Oct 2024 11:07:39 -0500 CAR HTZ HTZGQ TSLA http://www.streetinsider.com/Investing/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html <p>Investing.com -- JPMorgan downgraded Hertz Global Holdings (OTC:HTZGQ) to Underweight from Neutral, citing concerns over softer travel trends and potential challenges in managing its vehicle fleet. </p> <p dir="ltr">The bank removed its previous price target of $5, reflecting a revised outlook for the company’s financial performance.</p> <p dir="ltr">In a note to clients, JPMorgan stated, “We lower estimates to account for softer travel trends and possible faster churn of vehicle fleet,” which could result in higher depreciation costs and lower EBITDA. </p> <p dir="ltr">The analysts have adjusted their EBITDA forecast for 2025 down to $325 million from a prior estimate of $425 million and project just $400 http://www.streetinsider.com/Investing/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html Mon, 21 Oct 2024 11:07:39 -0500 CAR HTZ HTZGQ TSLA http://www.streetinsider.com/Investing/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html <p>Investing.com -- JPMorgan downgraded Hertz Global Holdings (OTC:HTZGQ) to Underweight from Neutral, citing concerns over softer travel trends and potential challenges in managing its vehicle fleet. </p> <p dir="ltr">The bank removed its previous price target of $5, reflecting a revised outlook for the company’s financial performance.</p> <p dir="ltr">In a note to clients, JPMorgan stated, “We lower estimates to account for softer travel trends and possible faster churn of vehicle fleet,” which could result in higher depreciation costs and lower EBITDA. </p> <p dir="ltr">The analysts have adjusted their EBITDA forecast for 2025 down to $325 million from a prior estimate of $425 million and project just $400 http://www.streetinsider.com/Investing/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html Mon, 21 Oct 2024 11:07:39 -0500 CAR HTZ HTZGQ TSLA http://www.streetinsider.com/Investing/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html <p>Investing.com -- JPMorgan downgraded Hertz Global Holdings (OTC:HTZGQ) to Underweight from Neutral, citing concerns over softer travel trends and potential challenges in managing its vehicle fleet. </p> <p dir="ltr">The bank removed its previous price target of $5, reflecting a revised outlook for the company’s financial performance.</p> <p dir="ltr">In a note to clients, JPMorgan stated, “We lower estimates to account for softer travel trends and possible faster churn of vehicle fleet,” which could result in higher depreciation costs and lower EBITDA. </p> <p dir="ltr">The analysts have adjusted their EBITDA forecast for 2025 down to $325 million from a prior estimate of $425 million and project just $400 http://www.streetinsider.com/Investing/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html Mon, 21 Oct 2024 11:07:39 -0500 CAR HTZ HTZGQ TSLA http://www.streetinsider.com/General+News/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html <p>Investing.com -- JPMorgan downgraded Hertz Global Holdings (OTC:HTZGQ) to Underweight from Neutral, citing concerns over softer travel trends and potential challenges in managing its vehicle fleet. </p> <p dir="ltr">The bank removed its previous price target of $5, reflecting a revised outlook for the company’s financial performance.</p> <p dir="ltr">In a note to clients, JPMorgan stated, “We lower estimates to account for softer travel trends and possible faster churn of vehicle fleet,” which could result in higher depreciation costs and lower EBITDA. </p> <p dir="ltr">The analysts have adjusted their EBITDA forecast for 2025 down to $325 million from a prior estimate of $425 million and project just $400 http://www.streetinsider.com/General+News/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html Mon, 21 Oct 2024 11:07:39 -0500 CAR HTZ HTZGQ TSLA http://www.streetinsider.com/General+News/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html <p>Investing.com -- JPMorgan downgraded Hertz Global Holdings (OTC:HTZGQ) to Underweight from Neutral, citing concerns over softer travel trends and potential challenges in managing its vehicle fleet. </p> <p dir="ltr">The bank removed its previous price target of $5, reflecting a revised outlook for the company’s financial performance.</p> <p dir="ltr">In a note to clients, JPMorgan stated, “We lower estimates to account for softer travel trends and possible faster churn of vehicle fleet,” which could result in higher depreciation costs and lower EBITDA. </p> <p dir="ltr">The analysts have adjusted their EBITDA forecast for 2025 down to $325 million from a prior estimate of $425 million and project just $400 http://www.streetinsider.com/General+News/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html Mon, 21 Oct 2024 11:07:39 -0500 CAR HTZ HTZGQ TSLA http://www.streetinsider.com/General+News/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html <p>Investing.com -- JPMorgan downgraded Hertz Global Holdings (OTC:HTZGQ) to Underweight from Neutral, citing concerns over softer travel trends and potential challenges in managing its vehicle fleet. </p> <p dir="ltr">The bank removed its previous price target of $5, reflecting a revised outlook for the company’s financial performance.</p> <p dir="ltr">In a note to clients, JPMorgan stated, “We lower estimates to account for softer travel trends and possible faster churn of vehicle fleet,” which could result in higher depreciation costs and lower EBITDA. </p> <p dir="ltr">The analysts have adjusted their EBITDA forecast for 2025 down to $325 million from a prior estimate of $425 million and project just $400 http://www.streetinsider.com/General+News/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html Mon, 21 Oct 2024 11:07:39 -0500 CAR HTZ HTZGQ TSLA http://www.streetinsider.com/General+News/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html <p>Investing.com -- JPMorgan downgraded Hertz Global Holdings (OTC:HTZGQ) to Underweight from Neutral, citing concerns over softer travel trends and potential challenges in managing its vehicle fleet. </p> <p dir="ltr">The bank removed its previous price target of $5, reflecting a revised outlook for the company’s financial performance.</p> <p dir="ltr">In a note to clients, JPMorgan stated, “We lower estimates to account for softer travel trends and possible faster churn of vehicle fleet,” which could result in higher depreciation costs and lower EBITDA. </p> <p dir="ltr">The analysts have adjusted their EBITDA forecast for 2025 down to $325 million from a prior estimate of $425 million and project just $400 http://www.streetinsider.com/General+News/Hertz+cut+to+Underweight+at+JPMorgan+on+softer+travel+trends/23857613.html Mon, 21 Oct 2024 11:07:39 -0500 CAR HTZ HTZGQ TSLA