Benchmark analyst Michael Albanese raised the firm’s price target on Sonic Automotive (SAH) to $85 from $80 and keeps a Buy rating on the shares after having hosted the company at the firm’s Benchmark StoneX Consumer Conference. Strength in EchoPark profitability and a return to location growth in FY26 remain in focus as a driver of fundamental upside, the analyst tells investors.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAH:
- Sonic Automotive management to meet with Seaport Research
- Sonic Automotive announces record-breaking performance at Sturgis
- NetSol chosen by Sonic Automotive to power digital retail experience
- Sonic Automotive price target raised to $72 from $60 at Morgan Stanley
- Buy Rating for Sonic Automotive Driven by EchoPark Growth and Franchise Resilience
