Deutsche Bank lowered the firm’s price target on Avis Budget (CAR) to $143 from $145 and keeps a Buy rating on the shares. Declining net fleet costs will remain a “key upside driver” into 2026, the analyst tells investors.
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Read More on CAR:
- Avis Budget Group Reports Solid Q3 Results
- Avis Budget says ‘nothing below $1B of adjusted EBITDA acceptable’ this year
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- Avis Budget reports Q3 EPS $6.65, consensus $8.18
- Avis Budget options imply 11.9% move in share price post-earnings