Hertz Global Holdings Reports Third Quarter 2016 Financial Results

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Northcoast Research Downgrades Hertz Global (HTZ) to Neutral

November 8, 2016 8:41 AM EST

Northcoast Research downgraded Hertz Global (NYSE: HTZ) from Buy to Neutral.

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 $35.74 yesterday.

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Deutsche Bank Downgrades Hertz Global (HTZ) to Hold

November 8, 2016 6:44 AM EST

Deutsche Bank downgraded Hertz Global (NYSE: HTZ) from Buy to Hold with a price target of $24.00 (from $59.00). The change follows the release of Q3 results and guidance. Analyst Chris Woronka called the report a "debacle."

"The primary reason for our... More

Hertz Global (HTZ) Misses Q3 EPS by $1.17, FY16 EPS Guidance Falls Short

November 7, 2016 5:33 PM EST

Hertz Global (NYSE: HTZ) reported Q3 EPS of $1.58, $1.17 worse than the analyst estimate of $2.75. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.6 billion.

"A customary vehicle depreciation rate review near the close of the third quarter resulted in a substantial depreciation adjustment,... More