Hertz Global (HTZ) NewsBite - HTZ Upgraded By MKM Partners
Posted: Wednesday, January 27, 2010 1:31 PM EDT
Hertz Global (HTZ) was upgraded today by analysts at MKM Partners and the stock is now at $10.74, unchanged (0%) on volume of 2,819,541 shares traded. The brokerage lifted the stock to Buy from Neutral. Over the last 52 weeks the stock has ranged from a low of $1.97 to a high of $12.55. Hertz Global stock has been showing support around $10.45 and resistance in the $11.09 range. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for HTZ. If you are looking for a hedged play on HTZ the stock seems like it could be a candidate for a June covered call above the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]
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