Wolfe Research analyst Timna Tanners initiates coverage on Kaiser Aluminum (NASDAQ:KALU) with a Peer Perform rating.
Used Car Blues Hit Bottom Line, But Penske Speeds Ahead with Sales Growth
Penske Automotive Group Q4 FY23 performance, boasting $7.27 billion in sales, surpassing analyst projections. Despite hurdles in the used vehicle market, PAG delivers notable growth, including an 8% surge in retail automotive new units and a 7% rise in same-store service and parts gross profit.
