Stephens & Co. Maintains Overweight on Lithia Motors, Raises Price Target to $385
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Daniel Imbro maintains an Overweight rating on Lithia Motors (NYSE:LAD) and raises the price target from $365 to $385.
July 27, 2023 | 4:08 pm
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POSITIVE IMPACT
Stephens & Co. maintains an Overweight rating on Lithia Motors and raises the price target from $365 to $385, which could potentially lead to a positive impact on the stock.
The raised price target by Stephens & Co. indicates a positive outlook for Lithia Motors. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100