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Barclays Keeps Their Buy Rating on AutoNation (AN)

Tipranks - Tipranks - Wed Apr 8, 3:30AM CDT

Barclays analyst John Babcock maintained a Buy rating on AutoNation today and set a price target of $240.00.

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According to TipRanks, Babcock is a 4-star analyst with an average return of 10.1% and a 45.92% success rate. Babcock covers the Consumer Cyclical sector, focusing on stocks such as OPENLANE, CarMax, and Lithia Motors.

In addition to Barclays, AutoNation also received a Buy from Evercore ISI’s Chris McNally in a report issued on March 30. However, on March 23, TipRanks – OpenAI reiterated a Hold rating on AutoNation (NYSE: AN).

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Based on AutoNation’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.93 billion and a net profit of $172.1 million. In comparison, last year the company earned a revenue of $7.21 billion and had a net profit of $186.1 million

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