B of A Securities Downgrades Herc Hldgs to Underperform, Lowers Price Target to $140
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst Sherif El-Sabbahy has downgraded Herc Hldgs (NYSE:HRI) from Buy to Underperform and lowered the price target from $150 to $140.
July 21, 2023 | 10:46 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Herc Hldgs has been downgraded to Underperform by B of A Securities, with a lowered price target of $140.
The downgrade from Buy to Underperform by a reputable analyst is a negative signal for the stock. The lowering of the price target from $150 to $140 also indicates a bearish outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100