Stock Track | Avis Budget Soars 5.13% on Tuesday After Barclays Reaffirms Hold Rating

Stock Track

Feb 19, 2025

Avis Budget Group's (CAR) stock surged 5.13% on Tuesday during intraday trading, outperforming the broader market. The rally came after Barclays analyst Dan Levy maintained a Hold rating on the car rental company and set a price target of $105.

While Levy did not provide specific reasons for reaffirming the Hold rating, the bullish sentiment surrounding Avis Budget's shares suggests investors are optimistic about the company's prospects. The stock's impressive gain on Tuesday indicates traders are betting on continued strong performance from the car rental giant.

Avis Budget has been benefiting from a robust recovery in travel demand as pandemic restrictions ease globally. The company has also been successfully implementing various cost-cutting measures and operational efficiencies, which have bolstered its profitability. As the summer travel season approaches, investors are anticipating further upside for Avis Budget's stock.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1101853534"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1101853534\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1101853534?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-19 01:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1101853534","market":"us","top_or_hot":-1,"title":"Stock Track | Avis Budget Soars 5.13% on Tuesday After Barclays Reaffirms Hold Rating","media":"Stock Track","content":"<p>Avis Budget Group's (CAR) stock surged 5.13% on Tuesday during intraday trading, outperforming the broader market. The rally came after Barclays analyst Dan Levy maintained a Hold rating on the car rental company and set a price target of $105.</p>\n\n<p>While Levy did not provide specific reasons for reaffirming the Hold rating, the bullish sentiment surrounding Avis Budget's shares suggests investors are optimistic about the company's prospects. The stock's impressive gain on Tuesday indicates traders are betting on continued strong performance from the car rental giant.</p>\n\n<p>Avis Budget has been benefiting from a robust recovery in travel demand as pandemic restrictions ease globally. The company has also been successfully implementing various cost-cutting measures and operational efficiencies, which have bolstered its profitability. As the summer travel season approaches, investors are anticipating further upside for Avis Budget's stock.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Avis Budget Soars 5.13% on Tuesday After Barclays Reaffirms Hold Rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Avis Budget Soars 5.13% on Tuesday After Barclays Reaffirms Hold Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-19 01:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Avis Budget Group's (CAR) stock surged 5.13% on Tuesday during intraday trading, outperforming the broader market. The rally came after Barclays analyst Dan Levy maintained a Hold rating on the car rental company and set a price target of $105.</p>\n\n<p>While Levy did not provide specific reasons for reaffirming the Hold rating, the bullish sentiment surrounding Avis Budget's shares suggests investors are optimistic about the company's prospects. The stock's impressive gain on Tuesday indicates traders are betting on continued strong performance from the car rental giant.</p>\n\n<p>Avis Budget has been benefiting from a robust recovery in travel demand as pandemic restrictions ease globally. The company has also been successfully implementing various cost-cutting measures and operational efficiencies, which have bolstered its profitability. As the summer travel season approaches, investors are anticipating further upside for Avis Budget's stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CAR","symbol_name":"安飞士","start_time":0,"source_url":"","article_id":"1101853534","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101853534","pubTimestamp":1739899952,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Avis Budget Group's  stock surged 5.13% on Tuesday during intraday trading, outperforming the broader market. The rally came after Barclays analyst Dan Levy maintained a Hold rating on the car rental company and set a price target of $105.While Levy did not provide specific reasons for reaffirming the Hold rating, the bullish sentiment surrounding Avis Budget's shares suggests investors are optimistic about the company's prospects. The stock's impressive gain on Tuesday indicates traders are bet","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CAR":"安飞士"},"translate_title":"巴克莱重申持有评级后，Avis Budget股价周二飙升5.13%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CAR":1},"content_text":"Avis Budget Group's (CAR) stock surged 5.13% on Tuesday during intraday trading, outperforming the broader market. The rally came after Barclays analyst Dan Levy maintained a Hold rating on the car rental company and set a price target of $105.\nWhile Levy did not provide specific reasons for reaffirming the Hold rating, the bullish sentiment surrounding Avis Budget's shares suggests investors are optimistic about the company's prospects. The stock's impressive gain on Tuesday indicates traders are betting on continued strong performance from the car rental giant.\nAvis Budget has been benefiting from a robust recovery in travel demand as pandemic restrictions ease globally. The company has also been successfully implementing various cost-cutting measures and operational efficiencies, which have bolstered its profitability. As the summer travel season approaches, investors are anticipating further upside for Avis Budget's stock.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}