Morgan Stanley Stealthily Trims Estimates on Lithia Motors (LAD) Post 10K Review

Morgan Stanley analyst Adam Jonas reiterated an Underweight rating and $310.00 price target on Lithia Motors (NYSE: LAD), trimming numbers for out years after analyzing the 10K. The published note, did not have any text but noted the following EPS changes:

2021e rises 10c to $19.00 from $18.90

2022e drops 16c to $22.44 from $22.80

2023e drops 63c to $27.47 from $28.10

For an analyst ratings summary and ratings history on Lithia Motors click here. For more ratings news on Lithia Motors click here.

Shares of Lithia Motors closed at $370.49 yesterday.

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