Goldman Sachs Initiates Coverage On Hertz Global Holdings with Neutral Rating, Announces Price Target of $10
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Lizzie Dove has initiated coverage on Hertz Global Holdings (HTZ) with a Neutral rating and set a price target of $10.
December 07, 2023 | 10:24 am
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NEUTRAL IMPACT
Goldman Sachs has initiated coverage on Hertz Global Holdings with a Neutral rating and a price target of $10.
The initiation of coverage by Goldman Sachs with a Neutral rating suggests a balanced view on the stock's potential, neither underperforming nor outperforming the market. The price target of $10 provides a benchmark for investors but does not imply significant upside or downside, hence the neutral score. The relevance is high as the news is directly about HTZ. The importance is significant as analyst ratings can influence investor perception and stock price, but it is not at the highest level as it is a neutral stance rather than a buy or sell. The confidence level is high due to the credibility of Goldman Sachs as a financial institution.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100