Form 8-K AVIS BUDGET GROUP, INC. For: Feb 12
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
Avis Budget Group (CAR) PT Lowered to $240 at JPMorgan, 'Lower Pricing and Higher Depreciation Amidst Near-term Over-fleeting'
February 14, 2024 4:37 AM ESTJPMorgan analyst Ryan Brinkman lowered the price target on Avis Budget Group (NASDAQ: CAR) to $240.00 (from $280.00) while maintaining a Overweight rating.
The analyst comments "We are trimming our estimates and price target for CAR shares after the company reported modestly softer than expected 4Q results Monday after the close that we earlier expected to spark only a modestly negative reaction (after all, 4Q EBITDA of $311 mn tracked just -$20 mn less than Bloomberg consensus for $331 mn see our February 13 note, Avis Budget Group: Expect Slightly Negative Reaction to Slightly Softer 4Q EBITDA Driven... More
