Seaport Research raised the firm’s price target on Group 1 Automotive (GPI) to $475 from $400 and keeps a Buy rating on the shares. The firm raised its price target on the stock as it transitions to FY25 as the basis for valuations, the analyst tells investors.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPI:
- Group 1 Automotive price target raised to $442 from $420 at Guggenheim
- Group 1 Automotive raises share repurchase program by $333M to $500M
- Group 1 Automotive price target raised to $425 from $420 at JPMorgan
- Group 1 Automotive Sees Record Revenues Amid Challenges
- Group 1 Automotive reports Q3 adjusted EPS $9.90, consensus $9.87