Penske Automotive Group (PAG) news
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Xingyi Cinema is said close to buying Broadway’s China business
Chinese cinema operator Xingyi Cinema, which is managed by property developer Seazen, is reportedly in advanced discussions to acquire Broadway’s China business, according to industry sources. This potential deal comes amid a broader strategic shift by Xingyi to expand its presence in the…
AInvest Wire · 13h agoPenske Automotive Group Inc: JP Morgan raises target price to $215 from $170
Penske Automotive Group Inc. (PAG) has seen recent adjustments in analyst price targets, with J.P. Morgan raising its target price to $215 from $170, maintaining a "Hold" rating. This update reflects the firm’s reassessment of the company’s financial performance and market positioning. In Q2 2026,…
AInvest Wire · Aug 4, 2026Penske Automotive Group Inc: Stephens raises target price to $210 from $166
AInvest Wire · Aug 3, 2026Penske Automotive Group Inc: Morgan Stanley cuts to equal-weight from overweight; raises target price to $210 from $190
Morgan Stanley has adjusted its stance on Penske Automotive Group Inc (PAG), downgrading the stock to equal-weight from overweight, while simultaneously raising its target price to $210 from $190. The move reflects a recalibration of the firm’s outlook on the auto supplier sector, as outlined in…
AInvest Wire · Jul 24, 2026Penske Automotive Group Inc: Benchmark cuts to hold from buy
AInvest Wire · Jul 23, 2026Light Horse does not author, endorse or verify the headlines, and their appearance here is not an endorsement of any view they express.
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