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Higher pricing and tight capacity seen as boost for car rental stocks

May 15, 2015 12:04 PM ETHertz Global Holdings, Inc. (HTZ) StockCAR, HTZBy: Clark Schultz, SA News Editor1 Comment
  • MKM Holdings sees the combination of capacity discipline and a price increase by Hertz Global (HTZ +5.3%) as a catalyst for today's rally in the stock and peer Avis Budget (CAR +8.5%).
  • Hertz announced yesterday it will close 200 off-airport locations and increase prices by as much as $5 per day in June.
  • Previously: Big rally for Hertz and Avis Budget (May. 15 2015)

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