Stephens & Co. Maintains Overweight on Lithia Motors, Raises Price Target to $405
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Jeff Lick maintains an Overweight rating on Lithia Motors (NYSE:LAD) and raises the price target from $360 to $405.
October 24, 2024 | 12:25 pm
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Stephens & Co. has reaffirmed its Overweight rating on Lithia Motors and increased the price target from $360 to $405, indicating a positive outlook.
The increase in price target from $360 to $405 by Stephens & Co. suggests a positive outlook for Lithia Motors, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100