From Yahoo Finance: 2025-05-22 22:02:00

Hertz Global Holdings, Inc. (NASDAQ:HTZ) saw its stock soar by 16.16% after Deutsche Bank raised its price target to $4 from $3, maintaining a Hold rating. The car rental giant added the 2025 Jeep Wrangler to its fleet ahead of the summer season, anticipating high demand for the plug-in hybrid vehicle. However, Hertz Global Holdings reported a 138% increase in net loss to $443 million and a 13% drop in revenue to $1.8 billion in the first quarter. Despite the positive stock performance, HTZ ranks 9th on the list of top performers, with AI stocks showing greater potential for returns.



Read more at Yahoo Finance: Why Hertz Global Holdings, Inc. (HTZ) Soared Today