UPDATE: KeyBanc Capital Markets Reiterates Buy Rating, Raises PT on Lithia Motors
Posted on January 23, 2013 at 09:16 AM EST
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