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Earnings Preview: Avis Budget on a Roll
Tuesday, November 1, 2011 - 6:58am
Avis Budget Group (NASDAQ: CAR) is scheduled to report third-quarter 2011 results Wednesday, November 2, after the closing bell. Investors will be looking for a repeat of the second-quarter results, when the car and truck rental specialist said revenues rose for the fourth consecutive quarter and...
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Markets in Everything: Neighbor Car Sharing
Monday, August 15, 2011 - 2:20pmBoston -- "Since its launch in 2000, Zipcar has shaken up the car rental market and grown to include more than 550,000 members in the United States, Canada, and the United Kingdom. Its main selling points? The ability to reserve vehicles by the hour instead of by the day and the convenience of...
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JP Morgan Comments on Hertz Rebranding
Wednesday, July 13, 2011 - 8:46amHertz (NYSE: HTZ) announced that it is rebranding its “car-sharing service to ‘Hertz On Demand,'” J.P. Morgan reports. “Although the initiative is indicative of HTZ's interest in growing its car-sharing program, we do not expect a material impact to Zipcar (NYSE: ZIP) in the near term,” J.P....
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Oppenheimer Takeaways from Zipcar Conference Call
Thursday, June 16, 2011 - 7:23amOppenheimer is providing a few conference call takeaways on Zipcar Inc. (NASDAQ: ZIP). “Following our conference call with the President/COO and CFO of ZIP, we are highlighting several take-aways: 1) management sees a ‘good portion of growth' from existing cities through continued marketing...
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UPDATE: J.P. Morgan Upgrades Zipcar to Overweight
Friday, June 10, 2011 - 7:39amJ.P. Morgan is out with its report today on Zipcar (NYSE: ZIP), upgrading ZIP from Neutral to Overweight. In a note to clients, J.P. Morgan writes, "We are upgrading ZIP to Overweight from Neutral based on valuation. After pricing its IPO at $18 on 4/13, the stock climbed as high as $31.50 on 4/14...
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JP Morgan Upgrades Zipcar To Overweight, $29.50 PT
Friday, June 10, 2011 - 6:22amJP Morgan has upgraded Zipcar (NASDAQ: ZIP) from Neutral to Overweight and maintains its $29.50 price target.
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J.P. Morgan Initiates Neutral Rating on Zipcar
Tuesday, May 24, 2011 - 7:05amAccording to a recent report, J.P. Morgan has initiated a Neutral rating on Zipcar (NASDAQ: ZIP) based on a December 2012 price target of $29.50 and their view that ZIP is closed to fully-valued. In the report, J.P. Morgan said, "Though ZIP offers investors an opportunity to invest in an early-...
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Oppenheimer Initiates Coverage on Zipcar At Outperform, $30 PT
Tuesday, May 24, 2011 - 7:03amOppenheimer has initiated coverage on Zipcar (NASDAQ: ZIP) with an Outperform rating and $30 price target.
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JP Morgan Initiates Zipcar At Neutral, $29.50 PT
Tuesday, May 24, 2011 - 6:00amJP Morgan has initiated coverage on Zipcar (NASDAQ: ZIP) with a Neutral rating and $29.50 price target.
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Goldman Sachs Initiates Zipcar At Neutral, $24 PT
Tuesday, May 24, 2011 - 5:57amGoldman Sachs has initiated coverage on Zipcar (NASDAQ: ZIP) with a Neutral rating and $24 price target.
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