Traders Cheering AutoNation (AN), Penske (PAG) Upgrades; Stocks Up 5%+
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More News related to PAG
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- Penske Automotive Reports Third Quarter Results
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- Traders Cheering AutoNation (AN), Penske (PAG) Upgrades; Stocks Up 5%+
Buckingham Research's Joe Amaturo raised his investment rating on two stocks in the Specialty Retail group today, AutoNation (NYSE: AN) and Penske Auto Group (NYSE: PAG).
The analyst lifted shares of AutoNation from Accumulate to Strong Buy, also raising his price target from $26 to $30, and his rating on Penske from Neutral to Accumulate, with a $20 price target.
Traders are cheering the upgrades today and buying shares of both stocks. AutoNation is now up 5.4% to $20.75 and Penske is up 6.5% to $18.16.
To see all the upgrades from today, visit our Upgrades section.
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