Hertz price target raised to $33 from $28 at MKM Partners MKM Partners increased its price target on Hertz as the firm thinks the company has numerous catalysts, while expectations are muted. The firm thinks the stock could possibly reach $41. It keeps a Buy rating on the shares.
Avis Budget and Hertz November data positive, says MKM Partners MKM Partners said Manheim data for November was 123.3, above expectations and October's reading of 12.8. The firm said Manheim and other data is supportive of positive trends in the car rental industry.