Information Provided By: 
Fly News Breaks for December 6, 2018
CAR, IDSY
Dec 6, 2018 | 12:14 EDT
Lake Street analyst Jaeson Schmidt reiterated a Buy rating and $9.50 price target on I.D. Systems (IDSY) after the company expanded its relationship with Avis (CAR) with a new 75K unit order. Schmidt believes the expansion has three key benefits for I.D. Systems -- It should be additive to the P&L as he estimates its value at over $30M, it was not a one-off order and he would not be surprised if the relationship was further expanded, and concerns on tough year-over-year comparisons should lessen.
News For IDSY;CAR From the Last 2 Days
