SOURCE Zipcar, Inc.
The automaker is buying an 11% stake in the short-term rental firm as part of a $24M round, increasing its exposure to emerging markets and technologies.
Avis Budget (CAR) stock price target was increased by $2 at Barclays earlier today.
Avis (CAR) is launching a new mobile app called Avis Now, which communicates with its vehicles that have sensors and other telematics equipment.
Avis Budget's (CAR) earnings estimates for the third quarter were increased at MKM Partners after the company reported better-than-expected guidance.