Citigroup Maintains Neutral on Lithia Motors, Raises Price Target to $340
Portfolio Pulse from jenniferd'souza@benzinga.com
Citigroup analyst Ronald Josey has maintained a Neutral rating on Lithia Motors (NYSE:LAD) and raised the price target from $245 to $340.
July 27, 2023 | 11:28 am
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Lithia Motors and raised the price target from $245 to $340.
The news is directly about Lithia Motors and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at present. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100