Hertz Global Holdings, Inc. (HTZ) Surges 7.5%: Is This an Indication of Further Gains?
HTZHertz(HTZ) Zacks Investment Research·2024-01-19 16:56

Hertz Global Holdings, Inc. (HTZ) shares rallied 7.5% in the last trading session to close at $8.99. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 16.2% loss over the past four weeks. The uptick followed an upgrade of the HTZ stock by Morgan Stanley to overweight from equalweight. The Morgan Stanley analyst also increased the target price on HTZ. The analyst upgrade and target price increase came following ...