---
title: "Needham Keeps Their Buy Rating on Sonic Automotive (SAH)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286120136.md"
description: "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."
datetime: "2026-05-12T14:36:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286120136.md)
  - [en](https://longbridge.com/en/news/286120136.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286120136.md)
---

# Needham Keeps Their Buy Rating on Sonic Automotive (SAH)

In a report released today, Chris Pierce from Needham reiterated a Buy rating on Sonic Automotive, with a price target of $90.00.

### Claim 55% Off TipRanks

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Pierce covers the Consumer Cyclical sector, focusing on stocks such as Sonic Automotive, Carvana Co, and Lucid Group. According to TipRanks, Pierce has an average return of \-4.8% and a 39.92% success rate on recommended stocks.

In addition to Needham, Sonic Automotive also received a Buy from Citi’s Michael Ward in a report issued today. However, on May 7, J.P. Morgan assigned a Sell rating to Sonic Automotive (NYSE: SAH).

### Related Stocks

- [SAH.US](https://longbridge.com/en/quote/SAH.US.md)
- [CVNA.US](https://longbridge.com/en/quote/CVNA.US.md)
- [LCID.US](https://longbridge.com/en/quote/LCID.US.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [JPM.US](https://longbridge.com/en/quote/JPM.US.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)
- [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md)
- [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md)
- [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md)
- [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md)
- [8634.JP](https://longbridge.com/en/quote/8634.JP.md)
- [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md)
- [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md)

## Related News & Research

- [Sonic Automotive Q2 Earnings Call Highlights](https://longbridge.com/en/news/294565701.md)
- [Does Sector-Wide Auto Retailer Selloff Reframe Sonic Automotive’s Risk Reward Profile (SAH)?](https://longbridge.com/en/news/290356628.md)
- [Darling Ingredients (DAR) Stock Ignores Profit Rebound As Margin Durability Draws Focus](https://longbridge.com/en/news/294562855.md)
- [Steven Madden: Buy Rating Reaffirmed on Strong Q2 Beat, Margin Recovery and Unchanged $52 Price Target](https://longbridge.com/en/news/294403813.md)
- [Citi Keeps Their Buy Rating on STMicroelectronics NV (0INB)](https://longbridge.com/en/news/294049103.md)