Citi raised the firm’s price target on AutoNation (AN) to $265 from $242 and keeps a Buy rating on the shares as part of a Q3 earnings preview for the auto dealer group. The firm sees the group continuing to perform well amid higher gross margins, cost reductions, and ongoing industry consolidation.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AN:
- AutoNation acquires two Audi and Mercedes-Benz Stores in Chicago
- AutoNation price target lowered to $250 from $255 at BofA
- AutoNation price target raised to $220 from $195 at Morgan Stanley
- AutoNation price target lowered to $228 from $230 at Guggenheim
- AutoNation price target raised to $200 from $185 at JPMorgan