Buckingham Upgrades GPI, PAG, ABG to Buy

Buckingham Research's Joseph Amaturo upgraded several stocks in the Auto Retail group Tuesday morning, each from Neutral to Buy:

• Group 1 Automotive (NYSE: GPI) with a $68 price target;
  
• Penske (NYSE: PAG) with a $34 price target; and
  
• Asbury Automotive (NYSE: ABG) with a $35 price target.

Shares of Group 1 and Asbury are up about 1.8 percent in pre-market action; shares of Penske are up nearly 1.7 percent.

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