Analyst Stephanie Moore initiated coverage on Hertz with a buy rating.
Jefferies says it's "all revved up" on car rental company Hertz . The firm initiated coverage on Hertz with a buy rating and a $24 price target, implying shares jumping 30% from Monday's close.
Moore added that she sees a "structurally improved margin profile" which could further benefit from cost-cutting and revenue programs, in addition to an increasing mix of its higher-margin TNC business — which refers to its partnership with transportation network company Uber to rent Tesla vehicles. "With this business, HTZ now operates the largest EV fleet in the world.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
The 30 greatest national anthem performances of all time, rankedIn honor of July 4th, we countdown the best 'Star-Spangled Banner' renditions by artists such as Whitney Houston, Jimi Hendrix, Metallica, Lady Gaga, and more
Les mer »
Baltimore mass shooting: 30 people shot, 2 killed at block party during holiday weekendBaltimore's police commissioner says there were a total of 30 victims, with more than a dozen believed to be minors.
Les mer »
Nearly 30 suspected drunk drivers arrested over Fourth of July weekend'These increased law enforcement patrols have incorporated a pro-active police approach during this busy weekend to keep our citizens and their families safe,' Harris County Precinct 4 Constable Mark Herman said.
Les mer »
30 Top America Songs for July 4thFrom celebratory to critical, here are 30 tracks inspired by the U.S. of A.
Les mer »
At least 3 firearms used in Baltimore shooting that wounded 30, police sayPolice in Baltimore say at least three firearms where used in Sunday’s shooting that killed two people and wounded 28 others, many of them children, at a block party in the Brooklyn neighborhood.
Les mer »