BofA/Merrill analyst Ross Gilardi downgraded Herc Holdings (HRI) to Neutral with an unchanged price target of $52. The analyst notes that the stock has risen about 88% year-to-date and outperformed S&P Industrials by 19% and the rental bellwether United Rentals (URI) by 25%, but he sees no "material upside to consensus" EBITDA estimates for 2019-2020 from these levels.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here