Piper Sandler starts coverage of Getaround with 'overweight' rating

Getaround

29/12/2022 12:09

** Piper Sandler initiates coverage for car rental company
Getaround Inc  GETR.N  with "overweight" rating; sets PT of
$1.60   
    ** Says GETR's digital models address logistical
difficulties of traditional car rental systems, with
instantaneous transactions and rentals 
    ** Piper's PT is nearly triple the stock's last close; YTD,
the stock is down ~94%, as of last close 
 (Reporting by Anirban Chakroborti in Bengaluru)
 ((Anirban.Chakroborti@thomsonreuters.com;))