Billionaire Bill Ackman Thinks Hertz Stock Could Reach $30 by the End of the Decade. Here's Why It Could Happen Sooner Than That

Why did Ford cut its earnings guidance? What caused Tesla's European sales to plummet? How will Trump’s movie tariffs affect Hollywood? What impact does India-UK trade deal have? Why is DoorDash acquiring Deliveroo? How are Trump tariffs affecting US trade deficit? Why is OpenAI reversing for-profit conversion plan? What’s behind PwC’s large US layoffs? How are tariffs impacting Mattel’s toy prices?

Billionaire Bill Ackman Thinks Hertz Stock Could Reach $30 by the End of the Decade. Here's Why It Could Happen Sooner Than That

finance.yahoo.com/news/billionaire-bill-ackman-thinks-hertz-140700108.html

In This Article:
Key Points
-
Bill Ackman recently disclosed that his hedge fund had taken a position in car rental giant Hertz.
-
Amid the latest tariffs, he sees its potential to enhance utilization rates while lowering expenses.
-
While Ackman's thesis makes sense, there are some…

This story appeared on finance.yahoo.com, 2025-05-06 14:07:00.