Hertz shares are likely going to $0, Morgan Stanley says (HTZ)

Hertz shares are likely going to $0, Morgan Stanley says (HTZ)

Business Insider

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· *Morgan Stanley on Monday lowered its base case for Hertz to $0 from $2, citing risks of de-listing or a potential liquidity shortfall.  *
· *The firm's base case is now equal to its bear case. Morgan Stanley also lowered its bull case for Hertz to $3 from $8. *
· *The updated price target reflects the bank's view...

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