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Stock Market & Financial Investment News

News Breaks
October 8, 2012
08:10 EDTGPIGroup 1 Automotive price target raised to $80 from $62 at Stifel Nicolaus
Stifel Nicolaus expects Group 1 to benefit from several trends, including recent U.S. sales performance, higher discretionary intent relative to lower vehicle breakdowns, and stronger sales of Japanese imports. The firm thinks Group 1 has a high level of exposure to U.S. regions whose auto sales are outperforming, and Stifel maintains a Buy rating on the stock.
News For GPI From The Last 14 Days
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July 23, 2015
07:17 EDTGPIGroup 1 Automotive reports Q2 adjusted EPS $1.98, consensus $1.81
Reports Q2 revenue $2.73B, consensus $2.71B. New vehicle revenue increased 4.7%, reflecting 5.4% higher unit sales, as U.S. Same Store new vehicle revenue increased 5.2%, reflecting unit sales growth of 4.5%. Used vehicle retail revenue increased 18.2%, primarily reflecting 17.7% higher used retail unit sales. U.S. Same Store used vehicle revenue increased 16.1%, reflecting 14.2% growth in unit sales

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