JPMorgan raised the firm’s price target on Lithia & Driveway to $325 from $320 and keeps a Neutral rating on the shares. The firm updated targets in the franchise auto dealers group post the Q1 reports. JPMorgan sees sector as range-bound in the near-term with re-rating potential in the second half of 2026. Consensus estimates for the group are close to reset, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAD:
- Lithia Motors Shareholders Reinforce Leadership and Governance Structure
- Lithia & Driveway price target raised to $365 from $326 at Citi
- Lithia Motors Earnings Call Balances Records With Risks
- Lithia Motors Posts Record Revenue Amid Earnings Pressure
- Lithia & Driveway reports Q1 adjusted EPS $7.34, consensus $6.86