JPMorgan Downgrades AutoNation to Neutral
JPMorgan analyst Rajat Gupta downgraded AutoNation from 'Overweight' to 'Neutral' while maintaining a $185 price target.
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AutoNation Stock falls as management flags softer service growth, lower vehicle margins and near-term Q3 profit pressure.
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JPMorgan analyst Rajat Gupta downgraded AutoNation from 'Overweight' to 'Neutral' while maintaining a $185 price target.
Barclays has maintained an Overweight rating on AutoNation while reducing its price target for the company's shares from $230 to $220.
Citi analyst Michael Ward adjusted his price target for AutoNation, Inc. from $255 to $240 while keeping a Buy rating on the stock.
AutoNation stock jumped after beating Q3 earnings estimates with $5.11 EPS on $7.01B revenue, fueled by record after-sales profit.
AutoNation announced its third quarter 2026 financial results, reporting revenue of $7.0 billion and adjusted EPS of $5.11, while also disclosing a new $1 billion share repurchase authorization.