Avis Budget Group (CAR) says Brian Choi will take over as CEO

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Avis Budget Group (CAR) PT Lowered to $135 at JPMorgan

February 13, 2025 6:43 AM EST

JPMorgan analyst Ryan Brinkman lowered the price target on Avis Budget Group (NASDAQ: CAR) to $135.00 (from $150.00) while maintaining a Overweight rating.

The analyst comments "We are lowering our estimate of 1Q25 EBITDA to -$109 mn from -$9 mn prior (and as compares to consensus for -$24 mn... More