Analysis: AutoNation ripe for gains

|About: AutoNation Inc (AN)|By:, SA News Editor

Goldman Sachs upgrades AutoNation (AN) to a Buy rating.

The investment firm thinks the company stand to benefit more than peers if U.S. auto sales forecasts are revised higher.

Goldman lifts its price target on the stock to $65 from $56 and gives it a bit of a M&A premium.