Citi lowered the firm’s price target on Herc Holdings (HRI) to $165 from $185 and keeps a Buy rating on the shares. The firm says the ConExpo construction trade show indicated positive demand trends with a “significant pipeline of mega projects.” Citi is positive on the rental space with machinery. It upgraded Terex and moved Alliance Laudry to its top sector pick. The firm continues to have a positive outlook for U.S. construction.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HRI:
- Herc Holdings price target lowered to $185 from $195 at Citi
- Top Analysts Just Picked These 3 ‘Strong Buy’ Stocks Today, 2/18/2026
- Herc Holdings price target lowered to $198 from $200 at Baird
- Herc Holdings price target lowered to $190 from $200 at KeyBanc
- Execution Risks Loom Over Herc Holdings’ H&E Acquisition as Synergy Delays Threaten Earnings and Share Price