JPMorgan Raises Auto Sector Price Targets on ‘V-shaped’ Recovery

JPMorgan Raises Auto Sector Price Targets on ‘V-shaped’ Recovery

$RACE $F $GM $TSLA $JPM The US auto market is back on track as fast as it fell, making the V-shaped recovery real. New vehicle sales and used vehicle prices are recovering in May and June almost as fast as they declined in March and April, according to JPMorgan. “We didn’t call it, nor did […]