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Avis Budget Group have crossed target price of $38.20

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Analysts Set Avis Budget Group Inc. (CAR) Price Target at $36.71

Analysts Set Avis Budget Group Inc. (CAR) Price Target at $36.71

– Avis Budget Group Inc. (NASDAQ:CAR) has received an average recommendation of “Hold” from the thirteen research firms that are currently covering the firm.One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and seven have assigned a buy recommendation to the company.The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $36.18.
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Avis Budget Group Reaches Analyst Target Price

Avis Budget Group Reaches Analyst Target Price

– In recent trading, shares of Avis Budget Group Inc (Symbol: CAR) have crossed above the average analyst 12-month target price of $38.20, changing hands for $39.01/share.When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher – if things are looking up for the company, perhaps it is time for that target price to be raised.
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Stock on Radar: Avis Budget Group, Inc. (NASDAQ:CAR) Price Target Update

Stock on Radar: Avis Budget Group, Inc. (NASDAQ:CAR) Price Target Update


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