Sonic Refranchising Momentum Continues in the First Fiscal Quarter
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Jefferies Remains Sidelined on Sonic Corp (SONC) following 1Q
January 5, 2017 8:52 AM ESTJefferies reiterated a Hold rating and $26.00 price target on Sonic Corp (NASDAQ: SONC) following the company's 1Q earnings report. The company did not provide intra-quarter SSS trends, but based on comments reflecting on the difficult comparisons and reiteration of guidance for a 2H-weighted recovery,... More
