JP Morgan Maintains Neutral on AutoNation, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta maintains a Neutral rating on AutoNation (NYSE:AN) but raises the price target from $160 to $190.

September 10, 2024 | 2:50 pm
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JP Morgan has maintained a Neutral rating on AutoNation but increased the price target from $160 to $190, indicating a positive outlook despite the neutral stance.
The increase in price target from $160 to $190 suggests a positive outlook for AutoNation's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100