Bank of America Securities analyst Federico Merendi maintained a Buy rating on AutoNation yesterday and set a price target of $250.00. The company’s shares closed yesterday at $215.85.
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Merendi covers the Consumer Cyclical sector, focusing on stocks such as Ford Motor, PHINIA Inc., and Asbury. According to TipRanks, Merendi has an average return of 1.2% and a 51.72% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AutoNation with a $229.00 average price target.
The company has a one-year high of $228.92 and a one-year low of $148.33. Currently, AutoNation has an average volume of 454.9K.
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