Northcoast Upgrades Hertz to Neutral Amid Reduced Bankruptcy Risk
Northcoast upgraded Hertz (HTZ) from Sell to Neutral, citing reduced bankruptcy risk due to its partnership with Uber's Oro Mobility. The price target remains at $5, indicating continued caution. The upgrade suggests fading existential risk for Hertz, though debt levels remain a challenge.
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Topics: analyst upgrade Hertz investment analysis stock rating Uber partnership