Lithia Motors & Driveway (LAD) Declares $0.42 Quarterly Dividend; 0.6% Yield
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Morgan Stanley Reiterates Underweight Rating on Lithia Motors (LAD), 'Volume Misses, GPUs Still at Peak, Clock Keeps Ticking'
July 20, 2022 9:34 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Underweight rating and $220.00 price target on Lithia Motors (NYSE: LAD)
The analyst comments "The auto retail market is definitely softening but its still an extraordinarily strong/peak GPU environment for dealers. Dont look for much... More
