Morgan Stanley Upgrades AutoNation to Overweight, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded AutoNation (NYSE:AN) from Equal-Weight to Overweight, raising the price target from $145 to $200.
September 25, 2024 | 2:13 pm
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POSITIVE IMPACT
Morgan Stanley has upgraded AutoNation from Equal-Weight to Overweight, with a new price target of $200, indicating a positive outlook.
The upgrade from Equal-Weight to Overweight by Morgan Stanley suggests increased confidence in AutoNation's performance. The significant increase in the price target from $145 to $200 indicates a strong positive outlook, likely leading to a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100