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Rating: HTZ
Buy $23

Hertz Global Holdings, Inc (NYSE: HTZ) upgraded to Buy with price target $23 by Goldman

Thursday,  Aug 13, 2015  10:25 AM ET by Kristen Bailey

Goldman upgraded Hertz Global Holdings, Inc (NYSE: HTZ) to Buy with price target $23 with today's
price of $18.03. Goldman rated Hertz Global Holdings, Inc (NYSE: HTZ) to Neutral on 01/15/2014, when the price was $26.70. Hertz Global Holdings, Inc's stock price lost 32% since then.

Hertz Global Holdings, Inc. (Hertz Holdings) is a general use car rental brand and is engaged in equipment rental businesses in the United States and Canada. The Company and its independent licensees and associates accept reservations for car rentals at approximately 8,100 locations in approximately 145 countries. In the Company?s equipment rental business segment, it rents equipment through approximately 345 branches in the United States, Canada, France, Spain and China, as well as through its international licensees. It operates in two segments: car rental and equipment rental. In April 2009, the Company completed the acquisition of Advantage Rent A Car assets. In July 2009, Matthews Equipment Limited, Hertz Holdings? Canadian equipment rental subsidiary, acquired assets of the equipment rental business conducted by J.D. Irving, Limited under the name Irving Industrial Rentals (IIR).

Goldman



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