Benchmark Maintains Buy on Penske Automotive Group, Raises Price Target to $196
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Michael Ward maintains a Buy rating on Penske Automotive Group (NYSE:PAG) and raises the price target from $175 to $196.
July 28, 2023 | 6:23 pm
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Benchmark analyst maintains a Buy rating on Penske Automotive Group and raises the price target from $175 to $196.
The news of a maintained Buy rating and an increased price target by a Benchmark analyst is likely to have a positive impact on Penske Automotive Group's stock in the short term. Investors often follow analyst recommendations and price targets, which can drive the stock price up.
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IMPORTANCE 80
RELEVANCE 100