AutoNation cut to Sell as Morgan Stanley forecasts historic used car downturn

Jan. 17, 2023 8:41 AM ETAutoNation, Inc. (AN)KMX, ABG, GPI, SAH, LADBy: Kevin P. Curran, SA News Editor12 Comments

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AutoNation (NYSE:AN) stock slipped in premarket trading on Tuesday as Morgan Stanley analyst Adam Jonas adjusted his rating on the stock to a Sell-equivalent.

Jonas explained that while he still applauded AutoNation (AN) management, especially

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