Broker Recommendations

Berenberg upgrades Auto Trader to 'buy', raises target price

By Iain Gilbert

Date: Monday 09 Nov 2026

(Sharecast News) - Berenberg upgraded Auto Trader to 'buy' from 'hold' on Monday and raised its target price on the stock to 650p from 510p, arguing that concerns surrounding the company's troubled Deal Builder rollout were now largely behind it and that the outlook has improved materially.
The German bank pointed...

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