AutoNation Stock Gets Higher Price Target Despite Rally

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AutoNation’s stock has risen by more than half this year, and the institutional research firm Benchmark says it can keep going as sales of cars and trucks increase.

As of the close on Friday,

AutoNation

‘s (ticker: AN) stock was up 53% this year, partly because the used-car retailer has benefited from higher vehicle prices. In February, the company reported better earnings and sales than expected for the fourth quarter. Earnings for the first…

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