Why Shares of Herc Holdings Are Soaring This Week

·2 min read
Why Shares of Herc Holdings Are Soaring This Week

Through the first three weeks of September, shares of Herc Holdings (NYSE: HRI) hadn't given investors much to celebrate, falling nearly 2%. As of the market's close on Thursday, shares of Herc Holdings are up 19.9% for the week. Two months after he hiked his price target on Herc's stock to $145 from $135, Mircea Dobre, an analyst at Baird, lifted his price target again on Monday.

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