Morgan Stanley Maintains Equal-Weight on Hertz Global Holdings, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has maintained an Equal-Weight rating on Hertz Global Holdings (NASDAQ:HTZ) and lowered the price target from $20 to $16.
November 01, 2023 | 12:45 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Hertz Global Holdings and lowered the price target from $20 to $16.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Hertz's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100