Benchmark raised the firm’s price target on Sonic Automotive (SAH) to $80 from $76 and keeps a Buy rating on the shares after the company reported Q2 results that beat expectations when excluding one-time items.
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Read More on SAH:
- Buy Rating for Sonic Automotive Driven by Strong Franchise Performance and EchoPark Growth Potential
- Sonic Automotive Reports Record Earnings Amid Challenges
- Sonic Automotive Reports Q2 Revenue Growth Despite Loss
- Sonic Automotive reports Q2 adjusted EPS $2.19, consensus $1.60
- Is SAH a Buy, Before Earnings?