Investors sped toward Avis Budget Group on Thursday after climbing rental demand and higher used car resale values led Barclays analyst Brian Johnson to upgrade the stock. According to the analyst, “Avis Budget is near an inflection point on the demand side, with rental day comps expected to turn positive this year, based on the recent uptick in enplanements and hotel rooms sold. Dollar Thrifty Automotive Group ( DTG – news – people ) gained 26 cents, or 0. Hertz Global Holdings ( HTZ – news – people ) dipped 24 cents, or 2. read more
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