MarketBeat Earnings
Assenagon Asset Management S.A. Makes New Investment in Asbury Automotive Group, Inc. $ABG
Assenagon Asset Management S.A. has initiated a new position in Asbury Automotive Group (NYSE:ABG), purchasing 9,774 shares valued at $1.97 million. This investment comes amidst varying institutional activity, with some firms increasing their stakes while analysts maintain a cautious "Hold" rating with an average price target of $246.71. Despite recent earnings beating EPS expectations, revenue fell short, and …