JP Morgan Upgrades Sonic Automotive to Overweight, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Rajat Gupta has upgraded Sonic Automotive (NYSE:SAH) from Neutral to Overweight and raised the price target from $58 to $63.
August 06, 2024 | 11:47 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JP Morgan analyst Rajat Gupta has upgraded Sonic Automotive from Neutral to Overweight and raised the price target from $58 to $63.
The upgrade from Neutral to Overweight and the increase in the price target from $58 to $63 by a reputable analyst at JP Morgan is likely to positively impact investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100