JP Morgan Maintains Overweight on Group 1 Automotive, Raises Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta maintains an Overweight rating on Group 1 Automotive (NYSE:GPI) and raises the price target from $305 to $330.
October 31, 2023 | 7:58 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Group 1 Automotive and raises the price target from $305 to $330, which could lead to a positive market reaction.
The raised price target by JP Morgan indicates a positive outlook for Group 1 Automotive. 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