B of A Securities Maintains Buy on Sonic Automotive, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst John Murphy maintains a Buy rating on Sonic Automotive (NYSE:SAH) but lowers the price target from $68 to $67.
July 22, 2024 | 5:17 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
B of A Securities analyst John Murphy maintains a Buy rating on Sonic Automotive but lowers the price target from $68 to $67.
The Buy rating suggests continued confidence in the stock, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100