Avis Budget Group (CAR) PT Raised to $130 at Goldman Sachs

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Avis Budget Group (CAR) PT Lowered to $187 at Morgan Stanley

April 10, 2024 6:12 AM EDT

Morgan Stanley analyst Adam Jonas lowered the price target on Avis Budget Group (NASDAQ: CAR) to $187.00 (from $190.00) while maintaining a Overweight rating.

The analyst comments "The Adj. Corporate EBITDA margin in our FY24 forecast of 9.2% is only ~600bps higher than what the company achieved... More