Analysts’ Opinions Are Mixed on These Consumer Cyclical Stocks: Sonic Automotive (SAH) and Carvana Co (CVNA)
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Sonic Automotive (SAH) and Carvana Co (CVNA).
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Sonic Automotive (SAH)
Seaport Global analyst Glenn Chin reiterated a Buy rating on Sonic Automotive yesterday. The company’s shares closed last Monday at $66.71.
Chin has an average return of
According to TipRanks.com, Chin is ranked #4933 out of 12179 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sonic Automotive with a $73.00 average price target, representing an 8.4% upside. In a report issued on March 31, Needham also reiterated a Buy rating on the stock with a $90.00 price target.
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Carvana Co (CVNA)
In a report released yesterday, Mike McGovern from Bank of America Securities maintained a Hold rating on Carvana Co, with a price target of $360.00. The company’s shares closed last Monday at $347.27.
According to TipRanks.com, McGovern is a 2-star analyst with an average return of
Currently, the analyst consensus on Carvana Co is a Strong Buy with an average price target of $439.94, a 31.9% upside from current levels. In a report issued on April 1, TipRanks – DeepSeek also downgraded the stock to Hold with a $314.00 price target.
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