Hertz price target lowered to $3 from $3.85 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Hertz (HTZ) to $3 from $3.85 and keeps a Hold rating on the shares. The firm says investors ...
Hertz Finally Sells Off 30,000 EVs, Still Faces $2.9B Loss In 2024
Hertz completed its plan to sell 30,000 EVs by late 2024, incurring substantial financial losses. The rental company admits ...
After Selling 30,000 EVS, Hertz Is Now Chasing Fleet Rotation To Reduce Losses
Car rental firm Hertz Technologies CEO Wayne West said on Thursday that it has removed 30,000 EVs from its fleet as planned ...
AppLovin and Meta Show Strength in Ads. These Are the Risks.
AppLovin Meta Platforms and Alphabet’s recent earnings reports show that the advertising market has bounced back from a rut, but that doesn’t mean it won’t run into trouble. AppLovin stock surged on ...
Hertz Tumbles With Worse-Than-Expected Loss on EV Sale Plan
Hertz said it finished selling 30,000 electric vehicles, many of which were Tesla Inc. models, as the rental giant moves on ...
News Highlights: Top Company News of the Day - Monday at 7 PM ET
Shares are on their best run since October, with investors hopeful they'll finally get some clarity on the company's accounting issues. Spirit AeroSystems Holdings' management cited substantial doubt ...