JPMorgan lowered the firm’s price target on Sonic Automotive (SAH) to $65 from $67 and keeps an Underweight rating on the shares. The firm updated the company’s model post the Q4 report.
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Read More on SAH:
- Sonic Automotive Balances Record Profits With Volume Strain
- Sonic Automotive price target lowered to $67 from $68 at Stephens
- Resilient Core Operations and EchoPark Growth Justify Buy Rating and $90 SOTP Valuation for Sonic Automotive
- Sonic Automotive Posts Record Profit Amid Dividend Increase
- Sonic Automotive reports Q4 adjusted EPS $1.52, consensus $1.50
