Navigating 6 Analyst Ratings For Lithia Motors
Portfolio Pulse from Benzinga Insights
Lithia Motors (NYSE:LAD) has been analyzed by 6 analysts in the last quarter, showing a range of sentiments from bullish to bearish. The average 12-month price target is $316.67, reflecting a 10.26% increase from the previous average. Analysts from firms like Guggenheim, JP Morgan, Wells Fargo, Goldman Sachs, and B of A Securities have raised their price targets, indicating positive sentiment. Lithia Motors has shown strong financial performance with solid revenue growth, high net margin, and effective debt management.
August 09, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lithia Motors has received positive sentiment from analysts, with an average 12-month price target of $316.67, reflecting a 10.26% increase. Analysts from major firms have raised their price targets, indicating a bullish outlook.
The positive sentiment from multiple analysts and the increase in the average price target suggest a bullish outlook for Lithia Motors. The company's strong financial performance further supports this positive sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100