GOLDMAN’S DOUBLE UPGRADE FOR AVIS MAY PROVE AN ENTRY OPPORTUNITY? A PUBLIC SOURCED ARTICLE FOR MATASII (SUBSCRIBERS-SII & PUBLIC ACCESS) READERS REFERENCE SII – AUTO — FLEET RENTALS MATASII SYNTHESIS: Investors are reacting as they size up Goldman Sachs’ two-notch upgrade on the car rental stock. GS analyst David Tamberrino “We believe valuation looks attractive for mean […]
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HERTZ HURTING UNDER THE HOOD WHILE AVIS STILL HOLDING ON
HERTZ HURTING UNDER THE HOOD WHILE AVIS STILL HOLDING ON — SOURCE: 03-20-18 Forbes Magazine – David Trainer , Contributor – “Hertz Seems To Be Hurting Under The Hood” — In this Tuesday, Nov. 28, 2017 photo signs hang in a Hertz car rental parking lot, in Boston. (AP Photo/Steven Senne) Investors will ignore a lot of red flags […]
AVIS PLUNGES ON HUGE MISS – MARGIN COLLAPSE – GUIDANCE CUT – “OVER-FLEETING”
AVIS PLUNGES ON HUGE MISS – MARGIN COLLAPSE – GUIDANCE CUT – “OVER-FLEETING” — SOURCE: 07-13-17 ZeroHedge – “The Uber Effect: Avis Plunges On Huge Miss, Margin Collapse, Guidance Cut, “Over-Fleeting” — While the growing woes facing the auto sector are well-known by now (see “Carmageddon: Ford & GM Sales Tank Despite Record July Incentive […]
AVIS & HERTZ “RISK” CARS ON A COLLISION COURSE
AVIS & HERTZ “RISK” CARS ON A COLLISION COURSE DEBT HOLDERS CAUGHT: Debt issued by Hertz Global Holdings Inc. and Avis Budget Group Inc., which had traded at or above par in recent years, tumbled to new lows earlier this month amid signs that used-vehicle prices are dropping twice as much as expected. RETURNS: That’s […]