Information Provided By:
Fly News Breaks for November 21, 2019
HTZ
Nov 21, 2019 | 18:46 EDT
Jefferies analyst Hamzah Mazari initiated coverage of Hertz with a Hold rating and $17 price target. The analyst points to the company's relatively higher leverage and the lack of potential catalysts for it to achieve positive free cash flow until 2021. Mazari adds that while Hertz' corporate business stabilized, he is awaiting for pricing trends to improve.
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.