High materiality7/10
Sonic Automotive price target lowered to $57 from $72 at Morgan Stanley
Why it may matterVerify against the original reporting
Bearish signal due to target below current price.
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Bearish signal due to target below current price.
What happened, with direct paths to the underlying reporting
Morgan Stanley lowers Sonic Automotive target to $57; current price about $62.83.
Target: $57
Posted price: $62.83
Analyst firm: Morgan Stanley
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