Initiated Buy X

LAD Lithia Motors

The Benchmark Company

$400

Initiated Overweight X

LAD Lithia Motors

Stephens

$360

Upgrades Neutral Buy X

LAD Lithia Motors

Guggenheim

$338

Upgrades Neutral Overweight X

LAD Lithia Motors

JP Morgan

$270 $280

Downgrades Buy Neutral X

LAD Lithia Motors

Guggenheim

Initiated Outperform X

LAD Lithia Motors

Evercore ISI

$400

Downgrades Overweight Neutral X

LAD Lithia Motors

JP Morgan

$295

Downgrades Overweight Eq Weight X

LAD Lithia Motors

Wells Fargo

$212 $233

Resumed Neutral X

LAD Lithia Motors

Citigroup

$245

Initiated Overweight X

LAD Lithia Motors

Wells Fargo

$345

Upgrades Neutral Buy X

LAD Lithia Motors

BofA Securities

$420 $460

Downgrades Eq-Weight Underweight X

LAD Lithia Motors

Morgan Stanley

$310

Downgrades Buy Neutral X

LAD Lithia Motors

Buckingham Research

Initiated Buy X

LAD Lithia Motors

Longbow

Downgrades Buy Neutral X

LAD Lithia Motors

BofA/Merrill

$102 $115

Upgrades Eq-Weight Overweight X

LAD Lithia Motors

Stephens

Initiated Overweight X

LAD Lithia Motors

JP Morgan

$112

Initiated Buy X

LAD Lithia Motors

Seaport Global Securities

Upgrades Neutral Buy X

LAD Lithia Motors

BofA/Merrill

Initiated Peer Perform X

LAD Lithia Motors

Wolfe Research

Upgrades Neutral Buy X

LAD Lithia Motors

Guggenheim

Downgrades Overweight Eq-Weight X

LAD Lithia Motors

Stephens

LAD  Lithia Motors, Inc.

Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and related services. As of February 28, 2017, it offered 30 brands of new vehicles and all brands of used vehicles in 154 stores in the United States and online at Lithia.com, DCHauto.com and CarboneCars.com. It operates through three segments: Domestic, Import and Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by Chrysler, General Motors and Ford. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Honda, Toyota, Subaru, Nissan and Volkswagen. Its Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by BMW, Mercedes-Benz and Lexus. The franchises in each segment also sell used vehicles, parts and automotive services, and automotive finance and insurance products.