Avis Budget price target lowered to $120 from $140 at BofA
BofA lowered the firm’s price target on Avis Budget (CAR) to $120 from $140 and keeps a Buy rating on the shares. The firm “modestly” reduced ...
Avis Budget’s higher impairment pushed out ‘clearing event’, says Goldman Sachs
Goldman Sachs keeps a Neutral rating and $95 price target on Avis Budget (CAR) after its Q4 results but notes that the size of the reported ...
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Avis Budget Defends Strategy that Led to Q4 $2.5B Impairment
Outgoing Avis Budget Group CEO Joe Ferraro on a Wednesday earnings call defended the company's decision to significantly accelerate its fleet rotation strategy, which resulted in a fourth-quarter ...