Benchmark Maintains Buy on Lithia Motors, Raises Price Target to $375
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Michael Ward maintains a Buy rating on Lithia Motors (NYSE:LAD) and raises the price target from $300 to $375.
July 27, 2023 | 2:23 pm
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POSITIVE IMPACT
Benchmark analyst maintains a Buy rating on Lithia Motors and raises the price target from $300 to $375.
The news of a maintained Buy rating and an increased price target by a Benchmark analyst is likely to have a positive impact on Lithia Motors' stock in the short term. Investors often follow analyst recommendations, and a price target increase usually indicates expected growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100