MKM Partners Keep Buy Rating On HTZ

Analysts at MKM Partners maintained their Buy rating on shares of Hertz Global Holdings (HTZ), after the company reported earnings in-line with Street expectations. In its report, MKM Partners established a $20 price target, while noting that "We believe that HTZ shares will react positively to Dollar Thrifty Group’s rejection of Avis Budget’s acquisition proposal. Hertz Global Holdings, Inc engages in the car and equipment rental businesses worldwide.