B of A Securities Maintains Buy on Asbury Automotive Gr, Lowers Price Target to $305
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Asbury Automotive Group (NYSE:ABG) but has lowered the price target from $310 to $305.
October 14, 2024 | 5:27 pm
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Asbury Automotive Group but has slightly lowered the price target from $310 to $305.
The maintenance of a Buy rating suggests continued confidence in Asbury Automotive Group's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100