JPMorgan analyst Rajat Gupta raised the firm’s price target on Group 1 Automotive to $280 from $275 and keeps an Overweight rating on the shares. The analyst says the company’s continued solid execution in the U.S. is benefitting from regional mix with tailwinds from U.K. It believes Group 1’s valuation continues to screen as attractive and relative revision risks are low in the near-term.
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