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Barclays Keeps Their Sell Rating on Hertz Global (HTZ)

Tipranks - Tipranks - Wed Mar 4, 3:50AM CST

Barclays analyst Dan Levy maintained a Sell rating on Hertz Global today and set a price target of $3.00.

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Levy covers the Consumer Cyclical sector, focusing on stocks such as Tesla, Ford Motor, and Rivian Automotive. According to TipRanks, Levy has an average return of 1.7% and a 39.07% success rate on recommended stocks.

In addition to Barclays, Hertz Global also received a Sell from TipRanks – PerPlexity’s PerPlexity Rental and Leasing Services in a report issued yesterday. However, on the same day, TipRanks – Google reiterated a Hold rating on Hertz Global (NASDAQ: HTZ).

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Based on Hertz Global’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.03 billion and a GAAP net loss of $194 million. In comparison, last year the company earned a revenue of $2.04 billion and had a GAAP net loss of $479 million

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