Avis Budget Group (CAR) Misses Q3 EPS by 4c; Narrows Outlook

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JPMorgan Downgrades Avis Budget Group (CAR) to Neutral

November 4, 2015 6:59 AM EST

JPMorgan downgraded Avis Budget Group (NASDAQ: CAR) from Overweight to Neutral with a price target of $49.00 (from $55.00).

For an analyst ratings summary and ratings history on Avis Budget Group click here. For more ratings news on Avis Budget Group click here.

Shares of Avis Budget Group closed at $46.35 yesterday.

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Avis Budget Group (CAR) Sinks Following Q3 'Miss' and Lower Outlook

November 2, 2015 4:57 PM EST

Shares of Avis Budget Group (NASDAQ: CAR) are tumbling 8% after-hours Monday following a third quarter "miss" and lower outlook for the year.

Third quarter revenue grew 8% in constant currency to a record $2.6 billion. However, that was just in-line with the analyst consensus. Ex-the... More

Hertz Global (HTZ) Falls Following 'Miss' and Weak Outlook from Rival Avis

November 2, 2015 4:45 PM EST

A 'miss' and weak outlook from rival Avis Budget (NYSE: CAR) is impacting shares of Hertz Global (NYSE: HTZ) after-hours Monday. Shares of HTZ last traded down 4.3%, while CAR is down 8%.

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