Wells Fargo Maintains Equal-Weight on Lithia Motors, Raises Price Target to $302
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan maintains an Equal-Weight rating on Lithia Motors (NYSE:LAD) and raises the price target from $266 to $302.
August 02, 2024 | 6:11 pm
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POSITIVE IMPACT
Wells Fargo analyst Colin Langan maintains an Equal-Weight rating on Lithia Motors and raises the price target from $266 to $302.
The raised price target from $266 to $302 by a reputable analyst at Wells Fargo is likely to have a positive short-term impact on Lithia Motors' stock price. The Equal-Weight rating suggests a neutral stance, but the increased price target indicates improved expectations for the company's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100