Barclays raised the firm’s price target on Sonic Automotive (SAH) to $77 from $67 and keeps an Equal Weight rating on the shares. The firm updated the company’s model post the Q1 report.
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Read More on SAH:
- Sonic Automotive Shareholders Approve New 2026 Equity Plan
- Sonic Automotive Balances Record Profits With Margin Risks
- Sonic Automotive Posts Record Q1 Results, Boosts Shareholder Returns
- Sonic Automotive reports Q1 adjusted EPS $1.62, consensus $1.40
- Sonic Automotive raises quarterly dividend 8% to 41c per share
