Barclays analyst Adam Seiden raised the firm’s price target on Herc Holdings (HRI) to $175 from $160 and keeps an Overweight rating on the shares. The firm adjusted targets in the machinery and construction group as part of a Q4 preview. Companies benefiting from interest rate cuts “still reign supreme,” the analyst tells investors in a research note. Barclays anticipates “conservative” initial outlooks for 2026.
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