Reported about 7 hours ago
Hertz Global (HTZ) experienced a remarkable 11.8% increase, closing at $7.97, following a price target upgrade by Deutsche Bank from $4 to $5.25. The rise in investor sentiment was fueled by growing short interest and increased stake from billionaire Bill Ackman. Ackman highlighted operational improvements that Hertz is implementing to enhance profit margins.
Source: YAHOO