Form 8-K SONIC AUTOMOTIVE INC For: Oct 24
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Sonic Auto (SAH) PT Lowered to $55 at CFRA
October 24, 2024 11:27 AM EDTCFRA analyst Garrett Nelson lowered the price target on Sonic Auto (NYSE: SAH) to $55.00 (from $65.00) while maintaining a Hold rating.
The analyst comments "We lower our 12-month price target by $10 to $55, based on a 2025 P/E of 9.3x and a justified... More
