Needham Keeps Their Buy Rating on Sonic Automotive (SAH)
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Needham analyst Chris Pierce has maintained a Buy rating on Sonic Automotive (SAH) with a price target of $90.00. He focuses on the Consumer Cyclical sector, which includes companies like Carvana and Lucid Group. Despite an average return of -4.8% and a 39.92% success rate, Pierce's positive outlook is echoed by Citi's Michael Ward. However, J.P. Morgan previously assigned a Sell rating to Sonic Automotive on May 7.
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