UPDATE: Goldman Sachs Starts Hertz Global (HTZ) at Neutral

Go back to UPDATE: Goldman Sachs Starts Hertz Global (HTZ) at Neutral

Analysts Initiate Coverage on Hertz (HTZ) With Mixed Ratings

December 6, 2021 9:41 AM EST

Shares of Hertz Global (NASDAQ: HTZ) are trading 1.2% higher Monday after at least five Street analysts started research coverage.

JPMorgan, Deutsche Bank, and Barclays started at Buy or equivalent, while Goldman Sachs and Morgan Stanley initiated at Neutral and Equal Weight, respectively.

Morgan Stanley analyst Billy Kovanis set a $27.00 per share price target on HTZ stock as he remains cautious on the... More

UPDATE: JPMorgan Starts Hertz Global (HTZ) at Overweight

December 6, 2021 3:39 AM EST

(Updated - December 6, 2021 4:10 AM EST)

JPMorgan analyst Ryan Brinkman initiates coverage on Hertz Global (NASDAQ: HTZ) with a Overweight rating and a price target of $30.00.

The analyst comments "We rate Hertz shares Overweight, given a multitude of factors. Car rental companies are the best positioned amongst all subsectors within the auto industry at the moment, owing to the semiconductor chip shortage which... More

UPDATE: Deutsche Bank Resumes Hertz Global (HTZ) at Buy

December 6, 2021 3:27 AM EST

(Updated - December 6, 2021 6:58 AM EST)

Deutsche Bank analyst Chris Woronka resumes coverage on Hertz Global (NASDAQ: HTZ) with a Buy rating and a price target of $34.00.

The analyst comments "Following a period of restriction during which our rating, estimates, and price target were suspended, we are reinstating coverage on HTZ with a Buy rating... More

UPDATE: Barclays Reinstates Hertz Global (HTZ) at Overweight

December 6, 2021 3:16 AM EST

(Updated - December 6, 2021 4:41 AM EST)

Barclays analyst Brian Johnson reinstates coverage on Hertz Global (NASDAQ: HTZ) with a Overweight rating and a price target of $28.00.

The analyst comments "We're constructive on the turnaround story underway and appreciate the... More

UPDATE: Morgan Stanley Starts Hertz Global (HTZ) at Equalweight

December 6, 2021 1:21 AM EST

(Updated - December 6, 2021 4:17 AM EST)

Morgan Stanley analyst Billy Kovanis initiates coverage on Hertz Global (NASDAQ: HTZ) with a Equalweight rating and a price target of $27.00.

The analyst comments "Hertz has emerged from its restructuring as a leaner, more agile company with... More