Sonic Automotive (SAH) Tops Q2 EPS by 6c

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Go back to Sonic Automotive (SAH) Tops Q2 EPS by 6c

JPMorgan Upgrades Sonic Auto (SAH) to Overweight

August 6, 2024 6:22 AM EDT

JPMorgan analyst Rajat Gupta upgraded Sonic Auto (NYSE: SAH) from Neutral to Overweight with a price target of $63.00 (from $58.00).

The analyst comments "SAH (Overweight, $63 PT): Solid all-round execution once again, at both, franchise and EchoPark stores with franchise SG&A resiliency the... More