Morgan Stanley Maintains Underweight on Asbury Automotive Gr, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas maintains an Underweight rating on Asbury Automotive Group (NYSE:ABG) but raises the price target from $185 to $190.
August 14, 2024 | 2:56 pm
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Morgan Stanley analyst Adam Jonas maintains an Underweight rating on Asbury Automotive Group (NYSE:ABG) but raises the price target from $185 to $190.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The net impact is likely neutral in the short term.
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