CAR News and Press, Avis Budget Group Inc. From 10/24/22

Avis Budget Group ( NASDAQ: CAR ) raced 16.71% higher on Monday after J.P. Morgan issued an upgrade on the car rental stock to an Overweight rating from Neutral. Analyst Rajat Gupta and team called Avis Budget ( CAR ) an attractive investment opportunity with the com...

Avis Budget ( NASDAQ: CAR ) highlighted the names moving in Monday's midday trading, with news of a bullish analyst comment sending the stock sharply higher. The list of intraday gainers also included Myovant ( MYOV ), which rose on a takeover offer, and Pearson ( PSO ), whi...

Avis Budget Group ( NASDAQ: CAR ) pushed higher in early trading on Monday after J.P. Morgan issued an upgrade on the car rental stock to an Overweight rating from Neutral. Analyst Rajat Gupta and team call Avis Budget ( CAR )  an attractive investment opportunity w...

Summary Avis is a battleground stock, but declining used car prices and rental rates point to a lower fair value. The business has been a genuine post-COVID winner given the surge in travel and used car prices. Because it carries over $23 billion in debt and leases, small shif...

The week saw reports of a drop in job openings for August but an unexpected decline in the jobless rate in September. The SPDR S&P 500 Trust ETF ( SPY ) snapped out of a three-week losing streak, managing to end the week in gains ( +1.57% ) with help fro...

PARSIPPANY, N.J., Oct. 07, 2022 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2022 results after the market close on Monday, October 31 st , 2022, and to host a conference call for institutional investors to discu...

Angelo Adams to Steer Zipcar into the Future of Urban Transportation PR Newswire Zipcar continues to provide affordable, convenient, and reliable access to a car without the cost or hassle of owning one. BOSTON , Sept. 27, 2022 /PRNewswire/ -- Zip...

Zipcar, the Largest Campus Car-Sharing Provider, Invests in Gen Z's Drive to Impact Community PR Newswire "Students with Drive" Campaign Launches to Support Mission-Driven College Leaders BOSTON , Sept. 21, 2022 /PRNewswire/ -- Zipcar, the world's...

The Dow Transports failed to climb above its 200-day moving average last week. One of the sector's industries is an indicator of both the business and leisure travel. Avis Budget Group reported a strong Q2, but a mixed valuation picture and deteriorating technicals suggest further...

Avis Budget reported its Q2 results which beat expectations, highlighted by strong demand for rental cars. The company is benefiting from higher rental rates while used car pricing dynamics support its vehicle sales business. We like the stock that appears undervalued, with an exp...