Benchmark Reiterates Buy on Penske Automotive Group, Maintains $196 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Michael Ward has reiterated a 'Buy' rating on Penske Automotive Group (NYSE:PAG) and maintained a price target of $196.
October 09, 2023 | 12:42 pm
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Benchmark analyst Michael Ward has reiterated a 'Buy' rating on Penske Automotive Group and maintained a price target of $196.
The reiteration of a 'Buy' rating by a Benchmark analyst and the maintenance of a high price target indicates strong confidence in Penske Automotive Group's stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100