Form 4 AVIS BUDGET GROUP, INC. For: Feb 09 Filed by: SRS Investment Management, LLC
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Avis Budget Group (CAR) PT Lowered to $168 at Morgan Stanley, Reiterates Underweight
February 15, 2022 4:24 PM ESTMorgan Stanley analyst Billy Kovanis lowered the price target on Avis Budget Group (NASDAQ: CAR) to $168.00 (from $170.00) while maintaining a Underweight rating.
The analyst comments "We expect continued multiple compression. Our PT drops to $168 (from $170) on our revised rolled-forward DCF forecast. We... More
