Hertz price target lowered to $6 from $7 at Jefferies

Jefferies expert Stephanie Moore lowered the firm’s price target connected Hertz (HTZ) to $6 from $7 and keeps a Hold standing connected the shares. While Q1 missed expectations, mostly connected weaker revenue, the steadfast believes the institution has successfully executed connected its fleet refresh strategy, which should thrust better-than-expected depreciation per portion for the remainder of 2025. Hertz is “showing bully advancement connected its multi-year turnaround strategy,” but the steadfast contends that the benefits of its turnaround efforts are inactive 12-plus months distant from being “fully evident successful what remains an uncertain macro backdrop,” the expert tells investors.

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• Hertz files automatic mixed securities shelf

• JPMorgan inactive prefers Avis aft Hertz Q1 report

• Hertz Global Holdings Reports Strategic Progress successful Q1 2025

• UnitedHealth suspends outlook, Under Armour reports Q4 beat; Morning Buzz

• Sell Rating for Hertz Global Due to Financial Underperformance and Market Uncertainties