Citi lowered the firm’s price target on Herc Holdings (HRI) to $140 from $170 and keeps a Buy rating on the shares. The firm reduced estimates post the company’s Q2 report on lower rental revenue and margin assumptions.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HRI: