By: Benzinga
January 23, 2013 at 09:16 AM EST
UPDATE: KeyBanc Capital Markets Reiterates Buy Rating, Raises PT on Lithia Motors
In a report published Wednesday, KeyBanc Capital Markets reiterated its Buy rating on Lithia Motors (NYSE: LAD ), and raised its price target from $41.00 to $46.00. KeyBanc Capital Markets noted, “[we are] driven by a bullish outlook on the industry for the following reasons: 1) we are incrementally more
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