JP Morgan Upgrades Lithia Motors to Overweight, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta has upgraded Lithia Motors (NYSE:LAD) from Neutral to Overweight and raised the price target from $270 to $280.
June 10, 2024 | 1:23 pm
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POSITIVE IMPACT
JP Morgan analyst Rajat Gupta has upgraded Lithia Motors from Neutral to Overweight and increased the price target from $270 to $280.
The upgrade from Neutral to Overweight and the increase in price target by a reputable analyst at JP Morgan is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100