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AutoNation Stock falls as management flags softer service growth, lower vehicle margins and near-term Q3 profit pressure.
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Wall Street snapped a two-day losing streak Thursday as oil retreated from its geopolitical spike and the 10-year Treasury yield slipped back below 5%. Chipmakers led the rebound, with Intel, AMD and Micron all posting outsized gains, while gold climbed 2.5% to $4,369 an ounce. The bounce came one day after the Federal Reserve delivered its first interest rate hike since 2023 and signaled at least one more this year.
Filed: 2026-09-15 AccNo: 0001193125-26-391953 Size: 1 MB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Argus Research analyst Bill Selesky maintains AutoNation (NYSE:AN) with a Buy and raises the price target from $241 to $246.