In a recent development, Wells Fargo has adjusted its price target for AutoNation (AN, Financial), a leading automotive retailer. The updated price target has been raised to $209.00 from the previous target of $187.00. This change reflects an 11.76% increase in the target price for the company.
The announcement was made by Colin Langan, a respected analyst at Wells Fargo. Despite the increase in the price target, the rating for AutoNation (AN, Financial) remains unchanged at "Equal-Weight."
The decision to maintain the current rating while raising the price target indicates continued confidence in AutoNation's (AN, Financial) market position and potential future performance. Investors and stakeholders may find this update noteworthy as it suggests an optimistic outlook on the company's financial prospects.
The adjustment was officially recorded on July 9, 2025, and is presented in USD. As the automotive industry continues to evolve, such updates play a crucial role in guiding investment decisions regarding AutoNation (AN, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for AutoNation Inc (AN, Financial) is $208.61 with a high estimate of $255.00 and a low estimate of $175.00. The average target implies an downside of 0.86% from the current price of $210.43. More detailed estimate data can be found on the AutoNation Inc (AN) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, AutoNation Inc's (AN, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for AutoNation Inc (AN, Financial) in one year is $190.56, suggesting a downside of 9.44% from the current price of $210.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the AutoNation Inc (AN) Summary page.
