Benchmark Maintains Buy Rating for AutoNation: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Benchmark has maintained its Buy rating for AutoNation (NYSE:AN) and increased its price target from $185.00 to $200.00. AutoNation's shares are currently trading at $165.99, up 0.84% over the last 24 hours. A move to $200.00 would represent a 20.49% increase from the current share price.
July 03, 2023 | 5:01 pm
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Benchmark has maintained its Buy rating for AutoNation and raised its price target to $200.00. This could potentially lead to an increase in the company's stock price.
The maintenance of the Buy rating and the increase in the price target by Benchmark indicates a positive outlook for AutoNation. This could potentially attract more investors, leading to an increase in demand for the stock and subsequently, an increase in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100