Top Wall Street analysts have issued downgrades for several prominent companies, including Hertz, Prologis, UPS, SolarEdge, and Camping World. These downgrades reflect concerns about the companies’ future prospects and potential challenges in the market. The analysts have cited various factors, including market conditions, competitive pressures, and company-specific issues, as reasons for their negative outlooks.
Hertz Global Holdings, Inc. has announced the appointment of Lauren Fritts as Senior Vice President and Chief Communications Officer, effective September 30. Fritts brings extensive experience in communications and marketing from both the private and public sectors, most recently serving as Chief Corporate Affairs and Marketing Officer at WeWork.
Jim Cramer on CNBC’s ‘Mad Money Lightning Round’ shared his insights on Vertiv, AES, NextEra Energy, and Hertz. He recommended buying Vertiv, praising its recent sales growth and book-to-bill ratio. He also expressed positive sentiment towards AES, highlighting its affordability. Cramer, however, expressed uncertainty about NextEra Energy, needing more information before forming an opinion. Regarding Hertz, he expressed concern about the company’s recent performance.
