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Stock Market & Financial Investment News

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June 20, 2014
06:57 EDTSAHSonic Automotive downgraded at Goldman
As previously reported, Goldman downgraded Sonic Automotive to Sell from Neutral. The firm downgraded shares due to limited M&A potential given high leverage and constrained operating margins from the One Sonic and pre-owned initiatives. Price target lowered to $22 from $23.
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