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Fly News Breaks for October 20, 2015
LAD
Oct 20, 2015 | 09:21 EDT
KeyBanc says that Lithia's fiscal 2016 guidance could miss expectations, as the firm historically provides conservative guidance. However, the firm is upbeat on the auto retailer group based on its September channel checks. It would use any weakness in Lithia following its results as a buying opportunity.
News For LAD From the Last 2 Days
LAD
Apr 17, 2024 | 06:44 EDT
Guggenheim analyst Ronald Jewsikow lowered the firm's price target on Lithia & Driveway to $297 from $320 and keeps a Buy rating on the shares. The firm updated estimates for its auto supplier and auto dealer coverage ahead of Q1 results from the group.