StoneX reiterates Buy on Group 1 Automotive stock, $425 target
StoneX reiterated a Buy rating and $425 target for Group 1 Automotive (GPI), citing undervaluation and debt reduction. GPI trades near 52-week lows, down 49% from its high. Q2 2026 earnings missed estimates, with revenue at $5.4B and EPS at $9.61. Morgan Stanley downgraded GPI to Underweight, citing execution risks.
