Guggenheim raised the firm’s price target on AutoNation (AN) to $212 from $207 and keeps a Buy rating on the shares. Franchise auto dealers reported Q4 results this earnings season that “meaningfully outpaced” consensus estimates and management teams signaled a relatively positive outlook, the analyst tells investors in a recap for the group.
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Read More on AN:
- AutoNation price target raised to $195 from $180 at JPMorgan
- AutoNation files automatic mixed securities shelf
- AutoNation’s Strong Financial Performance and Strategic Initiatives Bolster Buy Recommendation
- AutoNation price target raised to $233 from $200 at Argus
- AutoNation price target raised to $200 from $195 at Stephens
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