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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