Analyst Reco.

27/05 UBS Initiates Penske Automotive at Neutral With $167 Price Target MT
13/04 BofA Securities Adjusts Penske Automotive Price Target to $185 From $200 MT
12/11 Barclays Initiates Coverage on Penske Automotive Group With Overweight Rating, $195 Price Target MT
06/25/06 Penske Automotive Group Shares Rise After Upgrade From JPMorgan MT
05/25/05 JPMorgan Upgrades Penske Automotive to Neutral From Underweight, Adjusts PT to $175 From $155 MT
24/25/24 Citigroup Initiates Penske Automotive Group at Buy With $185 Price Target MT
22/25/22 BofA Adjusts Price Target on Penske Automotive Group to $190 From $205, Maintains Buy Rating MT
12/24/12 Benchmark Initiates Penske Automotive at Buy With $185 Price Target MT
22/24/22 Seaport Lifts Price Target on Penske Automotive Group to $170 From $165, Keeps Buy Rating MT
21/24/21 BofA Securities Adjusts Penske Automotive Group Price Target to $195 From $180, Maintains Buy Rating MT
25/24/25 Morgan Stanley Upgrades Penske Automotive Group to Overweight From Underweight, Raises Price Target to $180 From $115 MT
25/24/25 Morgan Stanley Upgrades Penske Automotive Group to Overweight From Underweight MT
12/24/12 Stephens Initiates Coverage on Penske Automotive Group With Equal Weight Rating, $161 Price Target MT
22/24/22 BofA Securities Adjusts Price Target on Penske Automotive to $180 From $175, Maintains Buy Rating MT
10/24/10 BofA Securities Raises Price Target on Penske Automotive to $180 From $175, Maintains Buy Rating MT
29/24/29 Morgan Stanley Raises Penske Automotive's Price Target to $115 From $107, Maintains Underweight Rating MT
12/23/12 JPMorgan Adjusts Price Target on Penske Automotive to $145 From $140, Maintains Underweight Rating MT
09/23/09 Morgan Stanley Raises Price Target on Penske Automotive to $107 From $88, Maintains Underweight Rating MT
31/23/31 JPMorgan Downgrades Penske Automotive Group to Underweight From Neutral, Cuts Price Target to $140 From $150 MT
06/23/06 BofA Securities Raises Price Target on Penske Automotive to $205 From $175, Maintains Buy Rating MT
21/23/21 JPMorgan Chase Adjusts Price Target on Penske Automotive Group to $135 From $130, Maintains Neutral Rating MT
17/23/17 Morgan Stanley Adjusts Price Target on Penske Automotive Group to $88 From $93, Maintains Underweight Rating MT
06/22/06 JPMorgan Lowers Penske Automotive's Price Target to $110 From $125, Maintains Neutral Rating MT
09/22/09 BofA Securities Trims Price Target on Penske Automotive Group to $182 From $185, Keeps Buy Rating MT
14/22/14 Morgan Stanley's Adam Jonas Trims Price Target on Penske Automotive Group to $93 From $95, Citing Sector's 'Slower Sales Growth,' 'Credit Headwinds;' Underweight Rating Kept MT
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