JP Morgan Maintains Neutral on Herc Hldgs, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Herc Holdings (NYSE:HRI) but raises the price target from $150 to $200.
October 14, 2024 | 2:48 pm
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JP Morgan has maintained a Neutral rating on Herc Holdings but increased the price target from $150 to $200, indicating a more optimistic outlook on the stock's potential.
The increase in the price target from $150 to $200 suggests that JP Morgan sees more upside potential in Herc Holdings' stock, which could positively influence investor sentiment and lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy signal, which tempers the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100