Research Alert: CFRA Reiterates Strong Buy Opinion On Shares Of Lithia Motors Inc.

Fidelity
2026.04.30 16:30
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CFRA has reiterated a Strong Buy opinion on Lithia Motors Inc. (LAD) shares despite lowering its 12-month target by $25 to $375 and adjusting EPS estimates for 2026 and 2027. The company continues to outperform peers in auto retail, with strong same-store sales growth and aggressive share repurchases. LAD bought back ~4% of its outstanding shares in Q1 2026 after retiring 11% in 2025. CFRA views the risk/reward as compelling, with significant upside potential in a favorable demand environment.