Deutsche Bank ups target price of rental car firm Hertz on fleet cost improvement

By Yahoo! Finance   |   1 year ago
Deutsche Bank ups target price of rental car firm Hertz on fleet cost improvement

Deutsche Bank analysts note Hertz Global Holdings Inc's cost-efficient fleet refresh but highlight challenges. Despite a $1 billion fleet impairment charge, Hertz's liquidity impact was less severe due to prior asset-backed securities. Analysts foresee fleet cost improvement and caution on cost reduction targets and competition challenges.

Read More

Did you find this insightful?