Benzinga | Sep 16, 2021 03:35PM EDT

Why Avis Budget's Stock Is Trading Higher Today

Avis Budget Group (NASDAQ:CAR) shares are trading higher after B of A securities upgraded the stock from Neutral to Buy and raised its price target from $90 to $125.

Avis Budget Group stock is trading up 10.51% to a price of $99.46. Thursday the stock has been traded at a volume of 3.02 million, about 161.08% of its recent 30-day volume average of 1.87 million.

The 50-day moving average price of Avis Budget Gr's stock was $84.49 when this article was published. The stock reached a high of $97.16 and a low of $25.54 in the past 52 weeks.

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