UPDATE: Goldman Sachs Reiterates on Hertz Global Following Better-Than-Expected 3Q Numbers
November 06, 2013 at 09:22 AM EST
In a report published Wednesday, Goldman Sachs analyst Afua Ahwoi reiterated a Buy rating on Hertz Global (NYSE: HTZ ), but lowered the price target from $30.00 to $27.50. In the report, Goldman Sachs noted, “Hertz reported better than expected 3Q numbers. However, the shares underperformed the broader market on