Barclays raised the firm’s price target on Avis Budget (CAR) to $150 from $105 and keeps an Equal Weight rating on the shares. The company reported a Q2 beat but its implied second half of 2025 outlook is soft of elevated expectations, the analyst tells investors in a research note. It believes Avis will be a “show-me story.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAR:
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Avis Budget downgraded, Sprouts upgraded: Wall Street’s top analyst calls
- Avis Budget Downgraded to Sell Amid Overvaluation and Unmet Expectations
- Avis Budget Amends Certificate of Incorporation
- Goldman downgrades Avis Budget to Sell on ‘stretched’ valuation