Needham lowered the firm’s price target on Sonic Automotive (SAH) to $93 from $100 but keeps a Buy rating on the shares. The firm cites the recent readings in its Echo Park inventory tracker in ...

Sonic Automotive (NYSE:SAH – Free Report) had its price objective trimmed by Needham & Company LLC from $100.00 to $93.00 in a report released on Wednesday morning, Marketbeat.com reports.