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Avis Budget Stock Falls As Bank of America Warns Weak Demand, Pricing Could Hurt Earnings
Wednesday, August 20, 2025 - 1:15pm | 426Read More...Avis Budget Group (NASDAQ:CAR) shares are trading lower after BofA Securities analyst Federico Merendi downgraded the stock from Buy to Underperform and cut its price target from $120 to $113. Babcock argued industry fundamentals and the macro backdrop do not justify the stock’s June...
