JP Morgan Upgrades Sonic Automotive to Overweight, Announces $60 Price Target
JP Morgan analyst Rajat Gupta upgrades Sonic Automotive (NYSE:SAH) from Neutral to Overweight and announces $60 price target.
Why Senti Biosciences Shares Jumped Over 50%; Here Are 79 Biggest Movers From Yesterday
Gainers
Senti Biosciences, Inc. (NASDAQ: SNTI) shares climbed 50.7% to close at $2.11 on Thursday after B of A Securities initiated coverage on the stock with a Buy rating and $7 price target.
Why This Analyst Is Downgrading Auto Stocks CarMax, American Axle, Sonic Automotive, Says Supply Chain Issues ‘Likely To Persist Into 2023’
On Friday, one auto analyst downgraded the stocks of three auto dealers and suppliers as auto market pressures persist.
The Analyst: Bank of America analyst John Murphy issued the following three auto industry ratings changes:
B of A Securities Downgrades Sonic Automotive to Underperform
B of A Securities analyst John Murphy downgrades Sonic Automotive (NYSE:SAH) from Buy to Underperform.
Sonic Automotive: Q2 Earnings Insights
Sonic Automotive (NYSE:SAH) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Sonic Automotive Q2 Adj. EPS $2.45 Misses $2.55 Estimate, Sales $3.70B Miss $3.90B Estimate
Sonic Automotive (NYSE:SAH) reported quarterly earnings of $2.45 per share which missed the analyst consensus estimate of $2.55 by 3.92 percent. This is a 6.84 percent decrease over earnings of $2.63 per share from the
Morgan Stanley Maintains Underweight on Sonic Automotive, Lowers Price Target to $33
Morgan Stanley analyst Adam Jonas maintains Sonic Automotive (NYSE:SAH) with a Underweight and lowers the price target from $40 to $33.