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Barclays Remains a Buy on AutoNation (AN)

Tipranks - Tipranks - Tue May 5, 4:12AM CDT

In a report released today, John Babcock from Barclays maintained a Buy rating on AutoNation, with a price target of $240.00.

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According to TipRanks, Babcock is a 4-star analyst with an average return of 15.0% and a 58.88% success rate. Babcock covers the Consumer Cyclical sector, focusing on stocks such as CarMax, Penske Automotive Group, and Sonic Automotive.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AutoNation with a $243.00 average price target.

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Based on AutoNation’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $6.55 billion and a net profit of $205.4 million. In comparison, last year the company earned a revenue of $6.69 billion and had a net profit of $175.5 million

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