JPMorgan raised the firm’s price target on Lithia & Driveway to $350 from $320 and keeps an Overweight rating on the shares. The firm reduced franchise dealer estimates into the Q3 reports to reflect electrical vehicle mix and headwinds in the UK. The sector has “little room” for share re-ratings in the near-term and the risk/rewards are balanced in the medium-term, the analyst tells investors in a research note. JPMorgan established December 2026 prices target December 2025 previously.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAD:
- Lithia & Driveway acquires Stivers Decatur Subaru
- These 3 “Strong Buy” Value Stocks Have over 20% Upside, According to Analysts – 10/8/2025
- Lithia Motors Expands Board with Two New Directors
- Lithia & Driveway price target raised to $385 from $383 at Citi
- Lithia Motors Completes $600M Senior Notes Offering