Avis Budget (CAR) NewsBite - CAR Rises on Upgrade





Avis Budget (NYSE: CAR) opened at $10.99. So far today, the stock has hit a low of $10.89 and a high of $11.28. CAR is now trading at $11.28, up $0.70 (6.62%). Over the last 52 weeks the stock has ranged from a low of $.40 to a high of $14.14. CAR shares are rising after the stock was upgraded at Barclays Capital to Overweight from Equal Weight. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for CAR. If you are looking for a hedged play on CAR the stock seems like it could be a candidate for a May out-of-the-money bull-put credit spread below the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Avis Budget (CAR):

Avis Budget (CAR) Showing Bullish Technicals But Could Fall Through $14.44 Support

Thursday, February 09, 2012... Avis Budget (NYSE: CAR) closed Wednesday's trading session at $15.17. In the past year, the stock has hit a 52-week low of $8.45 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1333608

Avis Budget (CAR) Gains 3.4% in Heavy Option Volume

Friday, February 03, 2012... Avis Budget (NASDAQ: CAR) moved higher Friday as option volume jumped with 14,820 contracts changing hands, a 564% increase over the average volume......

http://www.marketintelligencecenter.com/newsbites/1332496

Potential Avis Budget (CAR) Trade Targets 22.90% Return

Friday, February 03, 2012... Avis Budget (NYSE:CAR) closed Thursday's wandering trading session at $14.27. In the past year, the stock has hit a 52-week low of $8.45 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1332274

Avis Budget (CAR) Showing Bullish Technicals But Could Fall Through $13.89 Support

Monday, January 30, 2012... Avis Budget (NYSE: CAR) closed Friday's trading session at $14.60. In the past year, the stock has hit a 52-week low of $8.45 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1331127

Potential Avis Budget (CAR) Trade Targets 19.95% Return

Tuesday, January 24, 2012... Avis Budget (NYSE: CAR) closed Monday's trading session at $13.54. In the past year, the stock has hit a 52-week low of $8.45 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1329723


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