Benchmark Maintains Buy on Group 1 Automotive, Raises Price Target to $340
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Michael Ward maintains a Buy rating on Group 1 Automotive (NYSE:GPI) and raises the price target from $300 to $340.
July 31, 2023 | 12:49 pm
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POSITIVE IMPACT
Benchmark analyst maintains a Buy rating on Group 1 Automotive and raises the price target from $300 to $340.
The news of a maintained Buy rating and an increased price target by a Benchmark analyst is likely to have a positive impact on Group 1 Automotive's stock in the short term. This is because it signals the analyst's continued confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100