BofA/Merrill Lynch Upgrades Sonic (SONC) Two-Notches to Buy

June 7, 2012 7:00 AM EDT Send to a Friend
Get Alerts SONC Hot Sheet
Price: $13.12 -0.68%

Rating Summary:
    5 Buy, 8 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 28 | New: 14
Trade SONC Now!
BofA/Merrill Lynch upgraded Sonic (NASDAQ: SONC) from Underperform to Buy with a price target of $11.00 (from $7.50).

For an analyst ratings summary and ratings history on Sonic click here. For more ratings news on Sonic click here.

Shares of Sonic closed at $8.31 yesterday, with a 52 week range of $6.35-$11.34.


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Merrill Lynch, Bank of America

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