JP Morgan Maintains Overweight on Lithia Motors, Raises Price Target to $395
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta maintains an Overweight rating on Lithia Motors (NYSE:LAD) and raises the price target from $350 to $395.
October 12, 2023 | 3:18 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Lithia Motors and raises the price target from $350 to $395, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for Lithia Motors. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100