Broker Recommendations

JPMorgan sees scope for Auto Trader to underperform

By Michele Maatouk

Date: Thursday 15 Feb 2024

(Sharecast News) - JPMorgan Cazenove struck a cautious note on the outlook for Auto Trader on Thursday as it took a look at the UK automotive retail sector.
"With all eyes on retailer dynamics, we see growing risk to retailer operating metrics as falling used car prices challenge profit pools," it...

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