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Research Alert: CFRA Maintains Hold Opinion On Shares Of Sonic Automotive Inc.
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Research Alert: CFRA Maintains Hold Opinion On Shares Of Sonic Automotive Inc.
Jul 11, 2025 11:09 AM

01:35 PM EDT, 07/11/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $20 to $85. Shares of SAH and other auto dealership names have outperformed the broader market by a wide margin over the past few months, and shares are now trading well above our former price target. We raise our price target on SAH but maintain a Hold, seeing better buying opportunities across the space and considering the stock's risk/reward profile is balanced at the current levels. We think auto sales and margins could improve further in the coming quarters in tandem with declining interest rates and resilient results from the company's high-margin Parts and Service segment. The automotive retail industry is large and fragmented, which offers the potential for growth via acquisition. SAH has proven adept at growing EPS through accretive acquisitions and buybacks over time. SAH is scheduled to report Q2 earnings on the morning of July 24.

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