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Fly News Breaks for August 8, 2018
HTZ
Aug 8, 2018 | 08:59 EDT
Morgan Stanley analyst Adam Jonas sees yesterday's post-earnings move up in Hertz shares as overdone and would use the opportunity to reduce exposure, given his view that the car rental industry still faces substantial secular problems and the company faces tougher comps in the second half of the year. Fleet costs were lowed than expected, but he views that as unsustainable, added Jonas, who keeps an Underweight rating on Hertz with a $15 price target.
News For HTZ From the Last 2 Days
HTZ
Apr 25, 2024 | 12:09 EDT
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