Avis Budget price target lowered to $140 from $150 at Barclays

Barclays lowered the firm’s price target on Avis Budget (CAR) to $140 from $150 and keeps an Underweight rating on the shares. The firm says that despite the “noise on the technical,” Avis Budget’s pricing inflected positively in Q1. However, questions on the stock’s technicals remain amid the company’s “strong fundamentals,” the analyst tells investors in a research note.