Stocks
JPMorgan Chase Upgrades Herc Holdings Inc Stock to Overweight
Herc Holdings Inc (NYSE:HRI) has received an upgrade from JPMorgan Chase & Co. to 'overweight' from 'neutral', indicating a potential upside of 20.60%.
The price target for the transportation company's stock was increased to $175.00, up from $165.00 previously set by the brokerage.
This is not the only upgrade given to Herc; other brokerages have also raised their price targets and ratings on the stock, with Wells Fargo & Company increasing its target to $218.00 and Citigroup raising it to $175.00.