Lithia Motors (LAD) Tops Q3 EPS by 30c, Revenues Miss; Offers FY18 EPS/Revenue Outlook

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UPDATE: BofA/Merrill Lynch Upgrades Lithia Motors (LAD) to Buy

October 24, 2018 6:15 AM EDT

(Updated - October 24, 2018 6:28 AM EDT)

(updated to add analyst name and comment)

BofA/Merrill Lynch analyst John Murphy upgraded Lithia Motors (NYSE: LAD) from Neutral to Buy with a price target of $110.00.

The analyst is incrementally more positive citing... More