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Group 1 Automotive Shares Fall After Morgan Stanley Downgrade

Group 1 Automotive Shares Fall After Morgan Stanley Downgrade

MT newswireMT newswire2026/10/05 19:44

03:44 PM EDT, 10/05/2026 (MT Newswires) -- Group 1 Automotive (GPI) shares fell more than 3% on Monday after Morgan Stanley downgraded the stock to underweight from equalweight and cut its price target to $232 per share from $300. Trading volume stood at around 186,600 shares compared with a daily average of 224,503. Price: 241.26, Change: -8.59, Percent Change: -3.44

03:44 PM EDT, 10/05/2026 (MT Newswires) -- Group 1 Automotive (GPI) shares fell more than 3% on Monday after Morgan Stanley downgraded the stock to underweight from equalweight and cut its price target to $232 per share from $300. Trading volume stood at around 186,600 shares compared with a daily average of 224,503. Price: 241.26, Change: -8.59, Percent Change: -3.44
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