---
title: "Seaport Global Reaffirms Their Buy Rating on Lithia Motors (LAD)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294607829.md"
description: "Seaport Global analyst Glenn Chin reaffirmed a Buy rating on Lithia Motors (LAD) with a $525 price target. Chin, a 3-star analyst, covers the Consumer Cyclical sector. This follows a Buy from Barclays and contrasts with UBS's downgrade to Hold on the same day."
datetime: "2026-08-02T13:35:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294607829.md)
  - [en](https://longbridge.com/en/news/294607829.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294607829.md)
generator: "portal-rs"
---

# Seaport Global Reaffirms Their Buy Rating on Lithia Motors (LAD)

In a report released today, Glenn Chin from Seaport Global maintained a Buy rating on Lithia Motors, with a price target of $525.00.

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According to TipRanks, Chin is a 3-star analyst with an average return of 5.1% and a 55.22% success rate. Chin covers the Consumer Cyclical sector, focusing on stocks such as Lithia Motors, Penske Automotive Group, and Sonic Automotive.

In addition to Seaport Global, Lithia Motors also received a Buy from Barclays’s John Babcock in a report issued on July 30. However, on the same day, UBS downgraded Lithia Motors (NYSE: LAD) to a Hold.

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## Related News & Research

- [Handelsbanken Fonder AB Cuts Position in Lithia Motors, Inc. $LAD](https://longbridge.com/en/news/296327475.md)
- [Vise Technologies Inc. Makes New $838,000 Investment in Lithia Motors, Inc. $LAD](https://longbridge.com/en/news/296762886.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**