JPMorgan Lowers Asbury Automotive Group Price Target by Over 15%
JPMorgan Chase & Co. has lowered its target price for Asbury Automotive Group (NYSE:ABG) to $190.00 from $220.00 in a research report issued on Tuesday.
The firm presently has an 'underweight' rating on the stock, suggesting a potential downside of 15.17% from the company's current price.
This is not the only change to Asbury Automotive Group's target price; several other firms have recently revised their estimates for the company.