Sonic Corp (SONC) Tops Q1 EPS by 5c

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Go back to Sonic Corp (SONC) Tops Q1 EPS by 5c

Sonic (SONC) PT Raised to $30 at Canaccord Genuity Following 1Q

January 5, 2018 8:04 AM EST

Canaccord Genuity raised its price target on Sonic (NASDAQ: SONC) to $30.00 (from $25.00) while maintaining a Hold rating following the company's 1Q. SONC reported fiscal Q1 results that were mixed, as comps fell slightly short of expectations but EPS exceeded estimates, aided by a... More

Sonic (SONC) PT Raised to $28 at BofA/Merrill Lynch on 1Q Report; 'EPS Beat Primarily on Tax Rate'

January 5, 2018 6:16 AM EST

BofA/Merrill Lynch raised its price target on Sonic (NASDAQ: SONC) to $28.00 (from $25.00) while maintaining a Underperform rating, following the company's first quarter earnings report.

Analyst Gregory Francfort notes an increased price target on the shares, as the company reported 2018 first quarter earnings per... More