Craig-Hallum Maintains Hold on Asbury Automotive Gr, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Ryan Sigdahl maintains a Hold rating on Asbury Automotive Group (NYSE:ABG) and raises the price target from $240 to $260.
October 30, 2024 | 1:29 pm
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POSITIVE IMPACT
Craig-Hallum has maintained a Hold rating on Asbury Automotive Group while increasing the price target from $240 to $260, indicating a positive outlook.
The increase in price target from $240 to $260 suggests a positive outlook for Asbury Automotive Group, which could lead to a short-term price increase. However, the Hold rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100