Seaport Research raised the firm’s price target on Penske Automotive (PAG) to $170 from $165 and keeps a Buy rating on the shares. The firm raised its price target on the stock as it transitions to FY25 as the basis for valuations, the analyst tells investors.
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Read More on PAG:
- Penske Automotive management to meet virtually with Seaport Research
- Penske Automotive Reports Q3 2024 Financial Results
- Penske Automotive Sees Revenue and Profit Growth
- Penske Automotive reports Q3 EPS $3.39, consensus $3.41
- Penske Automotive (PAG) Q3 Earnings Cheat Sheet
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.