AutoNation Rated Sell By Deutsche Bank After Miss
AutoNation shares continued to fall Friday as Deutsche Bank maintained a sell rating on the auto dealer operators following its Thursday earnings miss. Deutsche Bank raised its price target to $27 from $25, but that's still well below current levels. The company's stock price fell 4.75% to 45.76 Thursday after it logged third-quarter earnings of 66 cents a share. That was up 38% from the prior year, but a penny below Wall Street views. Revenue
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