Goldman Sachs Adjusts Ratings for Avis and Hertz in Competitive Rental Car Industry

Thursday, 4 April 2024, 13:05
Goldman Sachs recently made strategic rating adjustments for Avis Budget Group Inc. (CAR) and Hertz Global Holdings Inc. (HTZ) in the competitive rental car market. The upgrade for Avis and downgrade for Hertz reflect the investment bank's detailed analysis of the two major players in the industry. The decision is expected to influence investor sentiment and market dynamics in the coming days.
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Goldman Sachs Adjusts Ratings for Avis and Hertz in Competitive Rental Car Industry

Goldman Sachs Rating Changes for Avis and Hertz

Hertz (HTZ) and Avis (CAR) recently received rating adjustments as Goldman Sachs provides a fresh assessment of the competitive rental car space.

Key Highlights:

  • Avis Budget Group Inc. (CAR) upgraded by Goldman Sachs
  • Hertz Global Holdings Inc. (HTZ) downgraded by the investment bank

The updated ratings are a result of in-depth analysis by Goldman Sachs, aiming to provide valuable insights for investors in the market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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