Avis Budget's rising costs prompt credit downgrade
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Avis Budget Group (CAR) PT Lowered to $190 at Morgan Stanley, 'Investor sentiment hit hard'
February 22, 2024 4:15 PM ESTMorgan Stanley analyst Adam Jonas lowered the price target on Avis Budget Group (NASDAQ: CAR) to $190 (from $230.00) while maintaining a Overweight rating.
The analyst comments " Since the pandemic, CAR has been seen by investors as the quality name in the car rental... More
