Analyst Expectations for Sonic Automotive's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided various ratings for Sonic Automotive (NYSE:SAH) within the last quarter, with an average price target of $53.75, a decrease of 8.39% from the previous average price target of $58.67. The ratings are based on predictions of the company's future earnings and revenue streams.
August 04, 2023 | 9:22 am
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Analysts have provided various ratings for Sonic Automotive, with a decreased average price target. This could influence investor sentiment and the stock's price.
Analyst ratings can significantly influence investor sentiment and the stock's price. The decrease in the average price target for Sonic Automotive suggests that analysts have a less optimistic outlook for the company, which could potentially lead to a decrease in the stock's price in the short term.
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IMPORTANCE 75
RELEVANCE 100