Oppenheimer Maintains Outperform on Hertz Global Holdings, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ian Zaffino has maintained an Outperform rating on Hertz Global Holdings (NASDAQ:HTZ) but lowered the price target from $25 to $21.
September 22, 2023 | 3:51 pm
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Hertz Global Holdings' price target has been lowered from $25 to $21 by Oppenheimer, though the Outperform rating is maintained.
The news is directly about Hertz Global Holdings. The lowering of the price target might indicate a less optimistic outlook for the company's stock, which could potentially impact its price. However, the maintained Outperform rating suggests that the analyst still expects the stock to outperform its peers, which could counterbalance the potential negative impact of the lowered price target.
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