JPMorgan Upgrades Group 1 Automotive (GPI) to Overweight From Neutral – Here’s Why

Group 1 Automotive, Inc. (NYSE:GPI) is one of the best transportation stocks to buy according to Wall Street analysts. On February 20, Group 1 Automotive, Inc. (NYSE:GPI) was upgraded to Overweight from Neutral by JPMorgan, with the firm keeping the price target the same at $370 and telling investors that it believes the company’s estimates “are now closer to reset.” It added that the stock’s de-rating has been more severe than warranted given Group 1’s “best-in-class execution”. Group 1 Automotive, Inc. ...