The Latest Breaking News from Hertz Global Holdings Inc

Tesla and Elon Musk promote renting through Hertz while Hertz looks to scale back its EV fleet

Barclays analyst Brian Johnson lowered the price target for Avis Budget Group Inc (NASDAQ:CAR) to $158 (1.7% upside) from $223 while maintaining the Equal Weight rating on the shares. The analyst reduced the price target on Hertz Global Holdings Inc (NASDAQ:HTZ) to $21 (28% upside) from $23 while maintaining the Over Weight rating on the shares. Johnson points out…

The rental car industry, after a stellar performance boosted by the pandemic, is poised to embrace electrification, Reuters reported. Asian automakers could enter the electric transition, dominated by companies in the west, mainly in the U.S. and Europe. The report quoted Olivier Baldassari, group chief countries, and operations officer at rental…

Hertz Global Holdings Inc (NASDAQ: HTZ) is trading higher Thursday after the company reported fourth-quarter financial results. The stock initially traded lower, but reversed following positive analyst coverage. 

Car rental firm Hertz Global Holdings Inc (NASDAQ: HTZ) is a leading investor in Europe’s online, all-electric car rental startup Ufodrive.

Hertz Global Holdings Inc (NASDAQ:HTZ) has appointed Stephen M. Scherr as Chief Executive Officer. Scherr will assume his role as CEO and board member of Hertz on February 28, 2022. Scherr spent nearly three decades at Goldman Sachs Group Inc (NYSE:GS), leading a range of strategic and operational functions, departing the firm as Chief…