Wednesday, January 19th, 2022

Tag: AutoNation

Morgan Stanley’s bearish report triggers drop in auto dealer group stocks such as Penske, AutoNation

Stock prices for public dealership groups took a hit Wednesday after Morgan Stanley equity analyst Adam Jonas released a research note expressing caution. In his report, Jonas downgraded Penske Automotive Group Inc. and Sonic...

Morgan Stanley report triggers drop in auto dealer group stocks such as Penske, AutoNation

Stock prices for public dealership groups took a hit Wednesday after Morgan Stanley equity analyst Adam Jonas released a research note expressing caution about the group. In his report, Jonas downgraded Penske Automotive Group...