B of A Securities Initiates Coverage On Hertz Global Holdings with Neutral Rating, Announces Price Target of $9
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Babcock initiates coverage on Hertz Global Holdings (HTZ) with a Neutral rating and a price target of $9.

March 19, 2024 | 12:25 pm
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NEUTRAL IMPACT
B of A Securities initiated coverage on Hertz Global Holdings with a Neutral rating and a price target of $9.
The initiation of coverage by B of A Securities with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, the Neutral rating suggests that the analyst sees the stock as fairly valued at its current price, implying no significant short-term price movement is expected. The price target of $9 offers a reference point for valuation but does not suggest a strong bullish or bearish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100