Herc Holdings' 15-min chart hits RSI overbought and KDJ death cross signals.

According to the 15-minute chart of Herc Holdings, the Relative Strength Index (RSI) has reached an overbought level, and the KDJ (Stochastic Oscillator) has formed a death cross at 10:45 on March 10, 2025. This indicates that the stock price has experienced a rapid increase, potentially exceeding its fundamental support level. Furthermore, the momentum of the stock price is shifting towards the downside, suggesting a potential decrease in value.

In a significant move, Baird has upgraded Herc Holdings (HRI) from 'Neutral' to 'Outperform' and raised the price target from $137.00 to $160.00, indicating a 16.79% increase Baird Upgrades Herc Holdings (HRI) with Raised Price Target | HRI Stock News^[1]. The upgrade reflects Baird's increased confidence in Herc Holdings' future performance potential. However, technical indicators suggest caution, as the stock price has experienced a rapid increase, potentially exceeding its fundamental support level.

According to the 15-minute chart of Herc Holdings, the Relative Strength Index (RSI) has reached an overbought level, signaling that the stock may be overvalued. Additionally, the KDJ (Stochastic Oscillator) formed a death cross at 10:45 on March 10, 2025, indicating a potential shift in momentum towards the downside . This combination of technical signals suggests that investors should approach the stock with a degree of caution, despite the positive analyst upgrade.

Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is the third-largest player in North America, with an approximate 6% market share pro forma for its 2025 acquisition of H&E Equipment Services. The company serves a similar mix of companies to its peers (industrial, commercial, and residential construction) from its 450 locations targeting the top 100 metropolitan markets in the US Baird Upgrades Herc Holdings (HRI) with Raised Price Target | HRI Stock News^[1].

Based on the consensus recommendation from 9 brokerage firms, Herc Holdings Inc's (HRI, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status Baird Upgrades Herc Holdings (HRI) with Raised Price Target | HRI Stock News^[1]. The estimated GF Value for Herc Holdings Inc (HRI, Financial) in one year is $213.31, suggesting an upside of 82.85% from the current price of $116.66 Baird Upgrades Herc Holdings (HRI) with Raised Price Target | HRI Stock News^[1].