Asbury Automotive Group (ABG) Misses Q3 EPS by 9c

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Go back to Asbury Automotive Group (ABG) Misses Q3 EPS by 9c

Asbury Automotive Group (ABG) PT Lowered to $55 at Jefferies

October 26, 2016 8:12 AM EDT

Jefferies analyst Bret Jordan reiterated a Hold rating and lowered his price target on Asbury Automotive Group (NYSE: ABG) to $55.00 (from $60.00) following the Q3 miss.

Jordan commented, "Q3 adj. EPS of $1.52 came in below our est. of $1.63 and consensus of $1.60. Weak new... More