Barclays Maintains Overweight on Lithia Motors, Lowers Price Target to $375
Barclays analyst John Babcock maintains Lithia Motors (NYSE:LAD) with a Overweight and lowers the price target from $415 to $375.
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Why It Matters
A big bank analyst still likes Lithia Motors but thinks the stock price may go lower. When experts lower their price targets, it means they see bumps ahead for the company.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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