Here’s What Wall Street Thinks About ​Lithia Motors, Inc. (LAD)

​Lithia Motors, Inc. (NYSE:LAD) is one of the Undervalued Cyclical Stocks to Invest In. On January 9, Benchmark reiterated a Buy rating on Lithia Motors, Inc. (NYSE:LAD) with a $400 price target. Earlier on December 11, Evercore ISI also reiterated a Buy rating on the stock with a $500 price target. ​Benchmark noted that the rating reflects the firm’s updated forecasts for the company’s performance metrics. The new outlook includes the reduction in production volumes and the gross profit per unit. The fi ...