Avis Budget shares are trading higher after Northcoast Research upgraded the stock from Neutral to Buy and announced a $155 price target.
Portfolio Pulse from Benzinga Newsdesk
Avis Budget Group, Inc. (CAR) shares are trading higher following an upgrade from Neutral to Buy by Northcoast Research, which also set a price target of $155.
March 25, 2024 | 4:29 pm
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Avis Budget Group, Inc. (CAR) received an upgrade from Neutral to Buy by Northcoast Research, with a new price target of $155.
The upgrade from Neutral to Buy by a reputable research firm like Northcoast Research typically signals a positive outlook on the stock, suggesting that the analysts see strong fundamentals or potential for growth. The setting of a $155 price target further indicates a bullish view on the stock's future performance, which can lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100