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UBS has increased its price target for Asbury Automotive Group, Inc. to $204 from $193 while maintaining a Neutral rating.
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InstallatørGruppen A/S has appointed ABG Sundal Collier Denmark, a subsidiary of ABG Sundal Collier ASA, as the lead manager for its newly initiated share buy-back programme.
Craig-Hallum has upgraded Asbury Automotive Group from Hold to Buy, setting a price target of $250.
Asbury Automotive reported Q3 2026 revenue of $4.41 billion, down 8.1% year-over-year and slightly missing the consensus estimate of $4.43 billion. EPS of $6.16 fell short of the $6.46 estimate. Key metrics showed mixed results with used vehicle retail sales exceeding expectations while new vehicle sales and average selling prices fell short. The stock carries a Zacks Rank #5 (Strong Sell) rating and has underperformed the broader market.