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GPI - Group 1 Automotive drops 6% as JP Morgan cuts rating to neutral
Group 1 Automotive Inc.
J.P. Morgan analyst Rajat Gupta cut the recommendation on Group 1 Automotive (GPI -5.6%) to neutral from overweight. PT set to $200, implies a 27% increase from last price. Group 1 Automotive average PT is $254.71 Over the last six months, the stock has lost 21% and has a market cap of $2.62B. Company has a Strong Buy rating by contributor who writes: 'Group 1 Automotive: Still A Strong Prospect'