UPDATE: Deutsche Bank Initiates Coverage on Avis Budget Group on Largely Positive Outlook
December 11, 2013 at 13:57 PM EST
In a report published Wednesday, Deutsche Bank analyst Kelly Knybel initiated coverage on Avis Budget Group (NASDAQ: CAR ) with a Hold rating and $42.00 price target. In the report, Deutsche Bank noted, “We are initiating coverage on HTZ and CAR with Buy and Hold ratings, respectively. In general, our