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Avis Budget price target raised to $150 from $105 at Barclays

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.”

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