KeyCorp Lowers Herc (NYSE:HRI) Price Target to $165.00

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KeyCorp has reduced its price target for Herc (NYSE:HRI) to $165.00 from $190.00 but maintained an “overweight” rating, suggesting a significant upside. Other analysts have varying price targets, contributing to a consensus “Moderate Buy” rating with an average target of $171.86. Despite beating EPS estimates, Herc missed slightly on revenue and exhibits high leverage, with a substantial portion of its stock owned by institutional investors.

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