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Fly News Breaks for September 17, 2015
GPI
Sep 17, 2015 | 09:30 EDT
Sidoti upgraded Group 1 Automotive to Buy with a $104 price target citing valuation.
News For GPI From the Last 2 Days
GPI
Apr 17, 2024 | 09:43 EDT
GPI
Apr 17, 2024 | 06:40 EDT
As previously reported, Guggenheim upgraded Group 1 Automotive to Buy from Neutral with a $305 price target, calling it the "best positioned dealer" to navigate the current landscape, which is "somehow trading at [the] lowest multiple." The firm believes the stock has been relatively weak year-to-date driven by a host of issues that it sees resolving in the next one to two quarters, the analyst tells investors.
GPI
Apr 17, 2024 | 06:13 EDT
GPI
Apr 17, 2024 | 05:44 EDT
JPMorgan analyst Rajat Gupta lowered the firm's price target on Group 1 Automotive to $315 from $325 and keeps an Overweight rating on the shares ahead of the Q1 report. The analyst says 2024 "continues to be a year of digestion" for the franchise auto dealerships sector.
