Apr. 3 at 1:22 PM
$LAD Lithia & Driveway price target lowered to
$320 from
$354 at Goldman Sachs
Goldman Sachs analyst Mark Jordan lowered the firm's price target on Lithia & Driveway to
$320 from
$354 and keeps a Neutral rating on the shares. The firm reduced the company's estimates to reflect industry data and trends through February and March. Industry data suggests volumes were likely softer than Goldman's initial estimate, the analyst tells investors in a research note.