Goldman Sachs Maintains Neutral on Lithia Motors, Raises Price Target to $348
Portfolio Pulse from jenniferd'souza@benzinga.com
Goldman Sachs analyst Kate McShane has maintained a Neutral rating on Lithia Motors (NYSE:LAD) and raised the price target from $305 to $348.
July 27, 2023 | 11:20 am
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Goldman Sachs has maintained a Neutral rating on Lithia Motors and raised the price target from $305 to $348.
The news directly pertains to Lithia Motors as Goldman Sachs has maintained a Neutral rating on the company and raised the price target. This suggests that the analyst sees potential in the company's stock but also acknowledges the risks involved. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100