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Analysts at Deutsche Bank upped their target price on shares of AutoNation (NYSE:AN) from $41.00 to $50.00 in a research report issued to clients and investors on Friday, Analyst RN reports. The firm currently has a “hold” rating on the stock. Deutsche Bank’s target price suggests a potential upside of 1.24% from the stock’s previous close.

AutoNation (NYSE:AN) traded down 1.00% during mid-day trading on Friday, hitting $49.39. The stock had a trading volume of 1,454,387 shares. AutoNation has a 52 week low of $40.30 and a 52 week high of $54.49. The stock has a 50-day moving average of $49.14 and a 200-day moving average of $49.04. The company has a market cap of $6.016 billion and a P/E ratio of 17.64.

AutoNation (NYSE:AN) last announced its earnings results on Thursday, January 30th. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.77 by $0.06. The company had revenue of $4.52 billion for the quarter, compared to the consensus estimate of $4.58 billion. Analysts expect that AutoNation will post $3.34 EPS for the current fiscal year.

AN has been the subject of a number of other recent research reports. Analysts at Gabelli upgraded shares of AutoNation from a “hold” rating to a “buy” rating in a research note to investors on Friday. Separately, analysts at Ned Davis Research downgraded shares of AutoNation from a “buy” rating to a “neutral” rating in a research note to investors on Monday, January 13th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of AutoNation in a research note to investors on Friday, January 10th. They now have a $51.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $49.83.

AutoNation, Inc (NYSE:AN) is an automotive retailer in the United States.

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