Guggenheim Downgrades Lithia Motors to Neutral
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Ali Faghri has downgraded Lithia Motors (NYSE:LAD) from Buy to Neutral.

May 17, 2024 | 11:18 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Guggenheim analyst Ali Faghri has downgraded Lithia Motors from Buy to Neutral, which may lead to a short-term negative impact on the stock price.
A downgrade from Buy to Neutral by a reputable analyst like Ali Faghri at Guggenheim typically signals a less optimistic outlook on the stock, which can lead to a decrease in investor confidence and a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100