Sachem Head Nominates Seven Candidates for Election to US Foods Board

Go back to Sachem Head Nominates Seven Candidates for Election to US Foods Board

Avis Budget Group (CAR) PT Lowered to $168 at Morgan Stanley, Reiterates Underweight

February 15, 2022 4:24 PM EST

Morgan 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