Guggenheim Maintains Buy on AutoNation, Lowers Price Target to $179
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Jonathan Elias maintains a Buy rating on AutoNation (NYSE:AN) but has lowered the price target from $184 to $179.
July 24, 2023 | 4:19 pm
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Guggenheim has maintained a Buy rating on AutoNation but lowered the price target from $184 to $179.
The news is directly related to AutoNation. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating is still a Buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100