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AutoNation price target raised to $230 from $220 at Wells Fargo

Wells Fargo analyst Colin Langan raised the firm’s price target on AutoNation (AN) to $230 from $220 and keeps an Equal Weight rating on the shares after a Q4 beat and new GPU outperformance vs P6. CEO sees new GPUs stable at second half of 2025 levels, implying about $200 lower for FY2026.

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