UPDATE: Goldman Sachs Downgrades Avis Budget Group on More Limited Upside Following Significant Outperformance
September 27, 2013 at 09:14 AM EDT
In a report published Friday, Goldman Sachs analyst Afua Ahwoi downgraded the rating on Avis Budget Group (NASDAQ: CAR ) from Buy to Neutral, and lowered the price target from $33.00 to $30.00. In the report, Goldman Sachs noted, “Following the significant outperformance, we now see more limited upside at