Hertz Global (HTZ +5.4%) races higher as its Investor Day starts off with a nice boost in...

|About: Hertz Global Holdings, Inc. (HTZ)|By:, SA News Editor

Hertz Global (HTZ +5.4%) races higher as its Investor Day starts off with a nice boost in guidance. The information is coming fast and furious from the company but a projection of free cash flow of $550M for 2013 and a 2015 revenue growth target of 12.5% to 13.5% looks juicy to investors. In their presentation, execs pitch the case that the market is undervaluing Hertz by 40% based on historic multiples. (webcast)