Bank of America has double-upgraded a used car stock to buy from underperform, saying it could move higher. The story does not say which company was involved.
01Summary
- 01Bank of America double upgraded the used car stock to buy from underperform.
- 02The headline says the stock is likely to cruise higher, according to Bank of America.
- 03No company name, price target or time frame is given in the supplied text.
02Why it matters
The upgrade could draw investor attention to the used car sector and may influence trading in the stock. But the supplied text gives no details on the company or the bank's reasoning.
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