HTZ Stock Whipsaws As Morgan Stanley Slashes Price Target
Hertz Global Holdings Inc (HTZ) stock fell 5.15% on October 26, 2026, amid concerns over its electric-vehicle strategy. The company reported $8.5B in revenue, 75% gross margins, but negative net margins and heavy debt. Morgan Stanley cut its price target from $3 to $2.50, citing capped upside and real risks. HTZ's stock is known for high volatility and sensitivity to market sentiment.



