JP Morgan Maintains Neutral on Asbury Automotive Gr, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta maintains a Neutral rating on Asbury Automotive Group (NYSE:ABG) but raises the price target from $230 to $265.
September 10, 2024 | 2:48 pm
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JP Morgan has maintained a Neutral rating on Asbury Automotive Group but increased the price target from $230 to $265, indicating a positive outlook on the stock's potential.
The increase in the price target from $230 to $265 suggests that JP Morgan sees potential for growth in Asbury Automotive Group's stock. Although the rating remains Neutral, the higher price target indicates a more optimistic view on the company's future performance.
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IMPORTANCE 80
RELEVANCE 100