Midday movers: Hasbro and Avis slip; Ecolab rises
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
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
