UPDATE 1 -Alphabet partners with Avis to manage self-driving car fleet [Reuters]
Avis Budget Group, Inc. (CAR)
Last avis budget group, inc. earnings: 2/19 04:00 pm
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Source: Reuters
UPDATE 1 -Alphabet partners with Avis to manage self-driving car fleet June 26 Waymo, the self-driving car unit ofAlphabet Inc, said on Monday it signed a multi-yearagreement with Avis Budget Group Inc for the car rentalfirm to manage its growing fleet of autonomous vehicles,sparking a surge in Avis Budget's stock. Investors bid Avis shares up by as much as 21 percent onMonday, the biggest intraday percentage gain for the stock inmore than five years. The shares closed at $27.67, up about 14percent. Shares in traditional rental car companies such as Avis andHertz Global Holdings Inc have taken a beating as moretravelers use ride services such as Lyft and Uber TechnologiesInc The Waymo-Avis deal points to a potential futurefor rental car companies as managers for fleets of shared andautonomous vehicles require their services changing tires,cleaning interiors, and securing vehicles when they are not inoperation. A Bloomberg report on Monday that Apple was using vehiclessupplied by riva
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CAR
News
- Avis Budget Group, Inc. (NASDAQ: CAR) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $202.00 to $183.00. They now have a "buy" rating on the stock.MarketBeat
- Avis Budget Group, Inc. (NASDAQ: CAR) had its price target lowered by analysts at Morgan Stanley from $190.00 to $187.00. They now have an "overweight" rating on the stock.MarketBeat
- Avis Budget Group (CAR) Gains But Lags Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Avis Budget Group, Inc. (NASDAQ: CAR) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "sell" rating to a "neutral" rating. They now have a $130.00 price target on the stock, up previously from $118.00.MarketBeat
- Avis Budget Group (CAR) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
CAR
Earnings
- 2/12/24 - Beat
CAR
Sec Filings
- 4/3/24 - Form DEFA14A
- 4/3/24 - Form DEF
- 3/18/24 - Form 8-K
- CAR's page on the SEC website