From Seeking Alpha: 2024-04-04 09:05:56

Goldman Sachs predicts Avis (CAR) will outperform rental car competitors due to its lower costs and lack of exposure to electric vehicles. In contrast, Hertz (HTZ) faces challenges selling a third of its EV fleet, leading to a downgrade from Goldman. Avis shares rise 2.2%, while Hertz shares fall 4%.



Read more at Seeking Alpha: Goldman Sachs moves on rental car rivals with upgrade to Avis, downgrade to Hertz (CAR)