Keybanc Maintains Overweight on Herc Hldgs, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Ken Newman has maintained an Overweight rating on Herc Hldgs (NYSE:HRI) but lowered the price target from $170 to $150.
October 25, 2023 | 9:24 am
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NEUTRAL IMPACT
Herc Hldgs' price target has been lowered from $170 to $150 by Keybanc, though the Overweight rating is maintained.
The news is directly about Herc Hldgs and is likely to influence investor sentiment. While the Overweight rating indicates that Keybanc still sees the stock as a good investment, the lowering of the price target may cause some investors to reassess their positions, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100