AutoNation (AN) remains focused on improving its product mix and cost-cutting initiatives. The company's profit increased 36% in the second quarter of 2010 and surpassed the Zacks Consensus Estimate by $0.02 per share.
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These factors have led us to upgrade our recommendation on the stock from Neutral to Outperform and set a target price of $28.
AUTONATION INC (AN): Free Stock Analysis Report
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