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sonic automotive faces price target cuts amid mixed analyst ratings
Sonic Automotive operates in three segments: Franchised Dealerships, EchoPark, and Powersports, focusing on vehicle sales, maintenance, and aftermarket products. Analysts have mixed ratings on the stock, with a recent price target cut by JPMorgan Chase & Co. to $65.00, suggesting an 11.23% upside. The company reported a quarterly EPS of $1.51, exceeding estimates, and has a market cap of $1.97 billion.
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