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UPDATE: Benchmark Upgrades AutoNation Inc. (AN) to Buy

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AutoNation Inc. (AN) PT Raised to $65 at Morgan Stanley

April 22, 2021 3:33 AM EDT

Morgan Stanley analyst Adam Jonas raised the price target on AutoNation Inc. (NYSE: AN) to $65.00 (from $60.00) while maintaining a Underweight rating.... More

AutoNation Inc. (AN) PT Raised to $100 at Truist Securities

April 21, 2021 7:19 AM EDT

Truist Securities analyst Stephanie Benjamin raised the price target on AutoNation Inc. (NYSE: AN) to $100.00 (from $80.00) while maintaining a Hold rating.... More

AutoNation Inc. (AN) PT Raised to $108 at Stephens

April 21, 2021 6:24 AM EDT

Stephens analyst Rick Nelson raised the price target on AutoNation Inc. (NYSE: AN) to $108.00 (from $88.00) while maintaining a Equal Weight rating.... More

AutoNation profit almost triples as chip shortage boosts vehicle prices

April 20, 2021 8:15 AM EDT

(Reuters) - AutoNation Inc on Tuesday reported quarterly adjusted profit that almost tripled from last year as the U.S. auto retailer benefited from higher earnings per vehicle, amid a global chip shortage that has forced automakers to cut production and raise prices.

Low interest rates and consumers' preference for private vehicles over public transportation has helped demand at U.S. auto dealers during the COVID-19 pandemic, while a semiconductor chip shortage has created a supply crunch.

"Demand continues to exceed supply for new... More

AutoNation (AN) Tops Q1 EPS by 92c, Revenues Beat

April 20, 2021 7:31 AM EDT

AutoNation (NYSE: AN) reported Q1 EPS of $2.79, $0.92 better than the analyst estimate of $1.87. Revenue for the quarter came in at $5.9 billion versus the consensus estimate of $5.04 billion.

New Vehicle Retail Unit Sales Same-store new vehicle unit sales increased 22% compared to the prior year and... More

AutoNation Inc. (AN) PT Raised to $130 at BofA Securities

April 20, 2021 7:11 AM EDT

BofA Securities analyst John Murphy raised the price target on AutoNation Inc. (NYSE: AN) to $130.00 (from $95.00) while maintaining a Buy rating.... More