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Stock impact report

BAML cautious on Sonic Automotive [Seeking Alpha]

Sonic Automotive, Inc. (SAH) 
Last sonic automotive, inc. earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
BAML cautious on Sonic Automotive Sonic Automotive (NYSE: SAH "We believe the US auto cycle has entered a downturn, which should pressure earnings across auto companies. However, we expect the dealer link, including Sonic, will be relatively resilient, driven by the back end businesses," writes analyst John Murphy. Murphy and team drop Sonic a notch with valuation seen as less compelling following the big runup in share price (+100% YTD). Show less Read more
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