Stock Track | Avis Budget Plummets 5.16% Intraday After JP Morgan Slashes Target Price

Stock Track

02/20

Avis Budget's stock plummeted 5.16% during intraday trading on Friday, reflecting significant negative sentiment among investors.

The sharp decline followed news that JP Morgan cut its target price for Avis Budget Group Inc to $123 from $150, indicating reduced confidence in the company's near-term prospects and prompting a sell-off.

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