Avis Budget Group's Q2 results fail to justify rich valuation - Goldman Sachs

12 hours ago 1
Avis and Budget rent-a-car location. Avis and Budget are part of the Avis Budget Group.

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The most recent quarterly results from Avis Budget Group (NASDAQ:CAR) did little to move the needle to justify the current valuation, leading Goldman Sachs analyst Lizzie Dove to downgrade the stock to Sell from Neutral.

“After the stock more than

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