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Morgan Stanley Sticks to Their Buy Rating for Group 1 Automotive (GPI)

Tipranks - Tipranks - Sat Feb 28, 7:32PM CST

In a report released yesterday, Andrew Percoco from Morgan Stanley maintained a Buy rating on Group 1 Automotive, with a price target of $400.00.

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According to TipRanks, Percoco is a 5-star analyst with an average return of 67.4% and a 55.79% success rate.

In addition to Morgan Stanley, Group 1 Automotive also received a Buy from J.P. Morgan’s Rajat Gupta CFA in a report issued on February 20. However, on February 14, TipRanks – OpenAI reiterated a Hold rating on Group 1 Automotive (NYSE: GPI).

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Based on Group 1 Automotive’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.58 billion and a net profit of $43.1 million. In comparison, last year the company earned a revenue of $5.55 billion and had a net profit of $94.8 million

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