B of A Securities Maintains Buy on Group 1 Automotive, Lowers Price Target to $435
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy maintains a Buy rating on Group 1 Automotive (NYSE:GPI) but lowers the price target from $445 to $435.
July 22, 2024 | 5:14 pm
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B of A Securities analyst John Murphy maintains a Buy rating on Group 1 Automotive (NYSE:GPI) but lowers the price target from $445 to $435.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100