Goldman Sachs Upgrades AutoNation (AN) to Neutral
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Price: $205.82 -1.71%
Rating Summary:
17 Buy, 10 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 20
Rating Summary:
17 Buy, 10 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 23 | New: 20
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Goldman Sachs upgraded AutoNation Inc. (NYSE: AN) from Sell to Neutral and maintains their $34 price target.
With shares down 19% since their October 24 peak, the disconnect between AN's valuation and the dealer peer group has narrowed materially. In addition, the stock can see support from share buybacks.
For an analyst ratings summary and ratings history on AutoNation Inc. click here. For more ratings news on AutoNation Inc. click here.
Shares of AutoNation Inc. closed at $33.66 yesterday.
With shares down 19% since their October 24 peak, the disconnect between AN's valuation and the dealer peer group has narrowed materially. In addition, the stock can see support from share buybacks.
For an analyst ratings summary and ratings history on AutoNation Inc. click here. For more ratings news on AutoNation Inc. click here.
Shares of AutoNation Inc. closed at $33.66 yesterday.
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