Citigroup says Sonic Automotive is still a good buy but has cut its price target to $98.

Nov 2, 2026, 6:08 PM ETOpinionRead the original at tradingview.com

Neutral

Citigroup kept its Buy rating but cut its target from $115 to $98, while still citing 55% possible upside. Those mixed views do not change the company's outlook.

SAH · Sonic Automotive, Inc.

AI read · Neutral

The AI's read

The lower target points to less confidence than Citigroup showed before. Keeping the Buy rating and citing room above the October 30 closing price pull the other way. This is one firm's view, not new information about Sonic's sales or profits, so the signs balance.

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