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Northcoast upgraded AutoNation (NYSE:AN) from Neutral to Buy in a report released today.

Yesterday AutoNation (NYSE:AN) traded -0.93% lower at $40.17. The company’s 50-day moving average is $45.98 and its 200-day moving average is $42.35. The last closing price is down 5.77% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. 930,483 shares of the stock traded hands, down from an average trading volume of 1,553,760

Northcoast has upgraded AutoNation (NYSE:AN) from Neutral to Buy in a report released on 6/8/2017.

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AutoNation (NYSE:AN)

AutoNation has a 52 week low of $38.20 and a 52 week high of $53.74 with a P/E ratio of 11.15 The company’s market cap is currently $0.

Also covering AutoNation's target, a total of 9 equity analysts have released a ratings update on AutoNation. The 12-month price target is $58.33 with two analysts rating the company a strong buy, four analysts rating the company a buy, 6 brokers rating the stock a hold, 2 equity analysts rating the company a underperform, and lastly zero equity analysts rating the stock a sell.

About AutoNation (NYSE:AN)

AutoNation, Inc. (AutoNation) is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, including vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources. It operates through three segments: Domestic, Import and Premium Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford and FCA US. The Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda and Nissan. The Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured by Mercedes-Benz, BMW, Audi and Lexus.

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