Morgan Stanley Upgrades Avis Budget Gr to Overweight, Raises Price Target to $230
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Adam Jonas upgraded Avis Budget Gr (NASDAQ:CAR) from Equal-Weight to Overweight and raised the price target from $182 to $230.
June 20, 2023 | 10:25 am
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Avis Budget Gr (NASDAQ:CAR) has been upgraded to Overweight by Morgan Stanley, with a raised price target of $230.
The upgrade from Equal-Weight to Overweight by Morgan Stanley's analyst Adam Jonas indicates a positive outlook for Avis Budget Gr. The raised price target from $182 to $230 suggests a potential upside for the stock, which could lead to a short-term increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100