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Fly News Breaks for June 30, 2016
HTZ
Jun 30, 2016 | 11:04 EDT
Deutsche Bank analyst Chris Woronka said he views Hertz's newly announced partnership agreements with ride sharing services Uber and Lyft as an "incremental positive" for Hertz, pointing to several apparent benefits, including improved fleet utilization, the potential extension for the in-service life of some vehicles and the enhancement of overall fleet management flexibility. The firm has a Buy rating and $16 price target on Hertz.
News For HTZ From the Last 2 Days
HTZ
Mar 26, 2024 | 13:26 EDT
Bullish option flow detected in Hertz Global Holdings with 5,354 calls trading, 3x expected, and implied vol increasing over 4 points to 63.40%. Jun-24 10 calls and Apr-24 7.5 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.06. Earnings are expected on April 25th.