Goldman Sachs Maintains Neutral on Avis Budget Gr, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Lizzie Dove maintains a Neutral rating on Avis Budget Group (NASDAQ:CAR) and lowers the price target from $105 to $90.
October 11, 2024 | 1:51 pm
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Goldman Sachs has maintained a Neutral rating on Avis Budget Group but has lowered the price target from $105 to $90, indicating a less optimistic outlook.
The lowering of the price target by Goldman Sachs suggests a less optimistic view on Avis Budget Group's future performance, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target is a bearish signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100