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The Latest Breaking News from HTZ

Billionaire Bill Ackman Is Betting Big on Hertz Stock. Should You?

Hertz’s stock rallied on news that legendary investor Bill Ackman had taken a stake in the car rental firm.

Barchart

Hertz’s Unusual Options Activity Provides a Slew of Strategies to Ride Bill Ackman’s Coattails

In the week’s final trading day, Thursday, Hertz had nine unusually active options, including six puts and three calls. With plenty of strategies to ride Bill Ackman’s big bet, here are three simpler ones.

Barchart

Bottom 100 Stocks to Buy: Is Hertz Global Holdings Ready for a Second Trip to Chapter 11?

Hertz Global Holdings jumped onto the Barchart Bottom 100 Stocks to Buy in Monday, trading in the 72nd position. Down 66% year-to-date, is the car rental company ready for Chapter 11? Or is it a value play? Here’s a look at both arguments.

Barchart

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Should You Consider Investing in Hertz Global?

Hertz Global (HTZ) slumped more than 55% year-to-date as the car rental company continues to incur massive losses from its ill-fated Tesla EV plan, shaking investor confidence. Should you consider investing in this stock? Read more to find out….

StockNews.com

HTZ Stock: Navigating the Crossroads of Revenge Travel and Market Volatility

Amid market uncertainties and the allure of revenge travel, Hertz options trading offers a nuanced glimpse into the stock's potential trajectory.

Barchart

Barclays Cuts Price Target For Avis Budget & Hertz Global - Read Why

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…

Benzinga

Does Hertz Global Deserve a Place in Your Portfolio?

While the car rental company Hertz Global (HTZ) has witnessed surging consumer demand due to easing travel restrictions, its shares have plummeted nearly 31% in price year-to-date. So, let’s evaluate if it is worth adding the stock to your portfolio now. Read on to learn more.

StockNews.com

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Why Hertz Stock Is Surging Today

Hertz Global Holdings Inc (NASDAQ: HTZ) shares are trading higher Wednesday after the company announced a $2 billion buyback.

Benzinga

Hertz Announces New $2B Buyback: What Investors Need To Know

Shares of vehicle rental service company Hertz Global Holdings Inc (NASDAQ: HTZ) are moving higher Wednesday after the company announced a buyback.

Benzinga

Hertz Global Holdings Earnings Perspective: Return On Capital Employed

According to Benzinga Pro, during Q1, Hertz Global Holdings (NASDAQ:HTZ) earned $426.00 million, a 262.6% increase from the preceding quarter. Hertz Global Holdings's sales decreased to $1.81 billion, a 7.13% change since Q4.

Benzinga

Hertz Chief Sees Business Travel Recovery Choking Already Strained Used Car Supply: CNBC

Hertz Global Holdings, Inc (NASDAQ:HTZ) chief Stephen Scherr saw a recovery in business travel and possibly choking the already packed supplies of rental cars, CNBC’s Jim Cramer reports. However, the rebound of business travel is still in its early stages compared to leisure travel, Scherr said. He saw the in-bound visitor from…

Benzinga

Check Out What Whales Are Doing With HTZ

A whale with a lot of money to spend has taken a noticeably bullish stance on Hertz Global Holdings. Looking at options history for Hertz Global Holdings (NASDAQ:HTZ) we detected 28 strange trades.

Benzinga

Rental Car Companies Mull Electrification: Reuters

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…

Benzinga

Expert Ratings For Hertz Global Holdings

Within the last quarter, Hertz Global Holdings (NASDAQ:HTZ) has observed the following analyst ratings:

Benzinga

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Benzinga

What's Going On With Hertz Shares Today?

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.

Benzinga

Tesla Customer Hertz Backs EV Car Rental Startup Ufodrive In $19M Funding Round

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

StockNews.com

Is Hertz a Buy Under $20?

The shares of car rental company Hertz Global (HTZ) experienced a significant price rebound after being hard hit by pandemic-induced headwinds. But although the company has experienced surging consumer demand due to easing travel restrictions, its shares have plunged nearly 38% in price over the past three months. So, is…

Benzinga

Hertz Names Former Goldman Sachs CFO Stephen Scherr As CEO

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…

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Benzinga

Barclays Cuts Price Targets On These Two Car Rental Companies

Barclays analyst Brian Johnson lowered Hertz Global Holdings Inc (NASDAQ:HTZ) price target to $26 from $28 and maintained an Overweight rating on the shares. The analyst also lowered Avis Budget Group Inc (NASDAQ:CAR) price target to $168 from $217 and maintained an Underweight rating on the shares. The analyst reduced estimates modestly and points to "what now may be…

Benzinga

What 6 Analyst Ratings Have To Say About Hertz Global Holdings

Analysts have provided the following ratings for Hertz Global Holdings (NASDAQ:HTZ) within the last quarter:

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