AutoNation stock falls as Citigroup cuts its price target

AutoNation stock opened at USD 168.78 on the NYSE on September 22, 2026, only USD 3.64 above its 52-week low of USD 165.14. The quote was down from the prior close by 0.29 percent to USD 168.78, while market capitalization stood at USD 5.58 billion.

Citigroup lowers its target

According to MarketBeat on September 21, 2026, Citigroup cut its AutoNation price target from USD 290 to USD 255 while maintaining a buy rating. The USD 35 reduction leaves the new target USD 86.22 above the September 22 opening price, although the stock remained close to the lower end of its annual range.

Quarterly earnings add support

AutoNation reported quarterly EPS of USD 5.56 in the latest reported quarter, according to the September 22, 2026 market coverage. That figure provides a concrete earnings reference behind the valuation discussion, but the target reduction shows that the share-price weakness has changed the analyst view despite the reported per-share profit.

The stock's September 22 range extended from USD 165.14 to USD 170.67, compared with a 52-week range of USD 165.14 to USD 235.81. Trading volume reached 611,632 shares, above the stated average volume of 552,589 shares, a difference of 59,043 shares.

Credit outlook stays stable

Fitch Ratings affirmed AutoNation's Long-Term Issuer Default Rating at BBB- on September 22, 2026, with a stable outlook. The unchanged credit assessment contrasts with Citigroup's USD 35 price-target reduction and gives investors two different signals: stable credit quality, but a more cautious equity valuation.

Stock remains near its yearly low

AutoNation stock closed its cited market snapshot at USD 168.78 on September 22, 2026, on the NYSE. At that level, the shares were USD 67.03 below the 52-week high of USD 235.81 and USD 3.64 above the 52-week low of USD 165.14.

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