JP Morgan Maintains Neutral on AutoNation, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta maintains a Neutral rating on AutoNation (NYSE:AN) and raises the price target from $142 to $155.

May 02, 2024 | 3:27 pm
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JP Morgan analyst Rajat Gupta maintains a Neutral rating on AutoNation and raises the price target from $142 to $155.
The increase in price target by JP Morgan suggests a positive outlook on AutoNation's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or valuation metrics than previously anticipated, which could lead to increased investor interest and potentially a rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100