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

June 7, 2012 7:00 AM EDT
Get Alerts SONC Hot Sheet
Price: $43.49 --0%

Rating Summary:
    4 Buy, 20 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 11 | New: 13
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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.


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