Needham Maintains Buy on Sonic Automotive, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce maintains a Buy rating on Sonic Automotive (NYSE:SAH) and raises the price target from $73 to $74.

October 25, 2024 | 9:56 am
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Needham analyst Chris Pierce has reaffirmed a Buy rating for Sonic Automotive and increased the price target from $73 to $74, indicating a positive outlook.
The reaffirmation of a Buy rating and a slight increase in the price target by a reputable analyst suggests confidence in Sonic Automotive's performance, likely leading to a positive short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100