HTZ – Hertz Global Holdings Inc

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Hertz Global Holdings, Inc., operating through its subsidiaries, is a leading global rental car company. With a history dating back to 1918, Hertz operates the Hertz, Dollar, and Thrifty car rental brands, providing vehicles for leisure and business travelers. The company’s business model focuses on renting vehicles through a network of corporate and franchise locations, primarily in airports and major cities. Hertz is adapting to market trends by investing in electric vehicles and enhancing its digital platforms to improve customer experience, making it a notable stock in the transportation sector. Investors follow news on HTZ closely to gauge its performance and strategic shifts in the competitive car rental market.

Hertz: Ackman Bets Big on Used Cars and Uber
HTZ

Hertz: Ackman Bets Big on Used Cars and Uber

by | 27/04/2025 11:13 AM | HTZ

🚗 Bill Ackman sees Hertz as a prime beneficiary of potential tariffs, expecting rising used car prices to significantly boost the value of Hertz's large vehicle fleet (a 10% rise could add $1.2B, half its market cap).

📈 Ackman's valuation model targets $30 per share by 2029, suggesting a potential 4x return from current levels, based on improved fleet utilization (post-Tesla issues) and operational enhancements.

🤝 A strategic partnership with Uber allows Hertz to better utilize idle vehicles, generating extra revenue and leveraging its extensive network, an advantage smaller competitors lack.

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