JP Morgan Maintains Overweight on Group 1 Automotive, Raises Price Target to $280
Portfolio Pulse from jenniferd'souza@benzinga.com
JP Morgan analyst Rajat Gupta maintains an Overweight rating on Group 1 Automotive (NYSE:GPI) and raises the price target from $275 to $280.
July 31, 2023 | 9:58 am
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Group 1 Automotive and raises the price target from $275 to $280. This could potentially lead to an increase in the stock's price.
The raised price target by JP Morgan indicates a positive outlook for Group 1 Automotive. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100