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ICYMI: Uber Earnings, Fossil Short Squeeze, Avis Downgraded

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ICYMI: Uber Earnings, Fossil Short Squeeze, Avis Downgraded

In case you missed it, here are some of Benzinga's top stories from Wednesday, Feb. 14, 2018.

Fossil Digs Up 80% Upside

Shares of Fossil Group, Inc (NASDAQ: FOSL) spiked as high as 82 percent Wednesday after reporting a big Q4 top and bottom line beat. But the outsized upside was due to a short squeeze rather than the market appreciating the company’s performance. Wayne Duggan reports.

Related Link: Is Fossil's 80% Surge Justified? KeyBanc Says It's Just The Beginning

Goldman Sachs Makes Bearish Call On Avis

Rental car stock Avis Budget Group, Inc (NASDAQ: CAR) could see as much as 18 percent downside, according to Goldman’s David Tamberrino. To learn more, check out Shanthi Rexaline’s “Goldman Sees 18% Downside To Avis Budget Group, Downgrades to Sell.”

Checking In On Uber’s Turnaround

Though not a public company, ride-sharing pacesetter Uber’s Q4 results still drew headlines this week. Elizabeth Balboa reviews the quarter, in “In Numbers And Narrative, Uber's Q4 Suggests A Recovery.”

Latest Ratings for CAR

DateFirmActionFromTo
Mar 2021Morgan StanleyMaintainsOverweight
Feb 2021Morgan StanleyMaintainsOverweight
Jan 2021B of A SecuritiesInitiates Coverage OnBuy

View More Analyst Ratings for CAR
View the Latest Analyst Ratings

 

Related Articles (FOSL + CAR)

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Posted-In: Analyst Color News Previews After-Hours Center Analyst Ratings Tech Media Trading Ideas

Latest Ratings

StockFirmActionPT
NIUDaiwa CapitalInitiates Coverage On41.5
QMCONorthland Capital MarketsInitiates Coverage On12.0
IBKRJefferiesInitiates Coverage On89.0
MRETFTD SecuritiesDowngrades18.5
SWKSGoldman SachsDowngrades135.0
View the Latest Analytics Ratings
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