JPMorgan raised the firm’s price target on Avis Budget (CAR) to $155 from $145 and keeps an Overweight rating on the shares post the Q1 report. The earnings print highlights the company’s progress toward normalized earnings, the analyst tells investors in a research note.
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Read More on CAR:
- Avis Budget Group Reports Q1 2025 Financial Results
- Avis Budget Group’s Mixed Earnings Call Highlights
- Avis Budget sees Q2 adjusted EBITDA exceeding $200M
- Avis Budget: Strong Q1 Performance and Positive Outlook Justify Buy Rating
- Avis Budget reports Q1 EPS ($14.35), may not compare to consensus ($5.61)