Sonic Automotive Inc - Class A
NYSE: SAH
$49.36
+$0.74 (+1.5%)
Closing price April 22, 2024
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A new set of ratings from Morgan Stanley has put many of the well-established car dealership companies under a dark cloud on an otherwise strong trading day.
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The top analyst upgrades, downgrades and other research calls from Tuesday include American Tower, AutoNation, Biogen, CarMax, Chipotle Mexican Grill, eBay, PG&E, Walgreens and Zions Bancorp.
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The big drop in the markets, the first of 1% or greater in a very long time, no doubt helped the insider buyers to go in and grab shares. With earnings right around the corner, this may be the last...
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Wednesday's top analyst upgrades, downgrades and initiations include Apple, Exxon Mobil, LifeLock, Microsoft, PayPal and Chipotle Mexican Grill.
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With news that Warren Buffett and Berkshire Hathaway have gotten into the car dealership business, 24/7 Wall St. checks out what this means for the rest of the industry.
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New and used car retailer Sonic Automotive announced Monday morning that it plans to open the first of a chain of used-vehicle stores under the name of EchoPark in Denver later this year.
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GM sold 2.5 million cars in the second quarter, the most since 2005. A new report from Merrill Lynch highlights the car dealerships as having the most upside for investors.
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