Goldman Sachs Resumes Hertz Global (HTZ) at Buy

Goldman Sachs reinstates coverage on Hertz Global (NYSE: HTZ) with a Buy rating and $14.50 price target.

Goldman Sachs reinstates coverage on Hertz Global (NYSE: HTZ) with a Buy rating and $14.50 price target.

The firm said HTZ is a compelling value opportunity on rebounding corporate travel volume, has more room to go on its cost-cutting efforts, has a new growth avenue with push into airports and HERC equipment rental is a second leg to the story.

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