SONIC Drive-In Announces New Senior Director of Franchise Sales and Development

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Jefferies Cuts Price Target on Sonic Corp (SONC) to $26 Following 4Q

October 25, 2016 7:42 AM EDT

Jefferies maintained a Hold rating on Sonic Corp (NASDAQ: SONC), and cut the price target to $26.00 (from $28.00), following the company's 4Q earnings report. The company did not provide intra-quarter SSS trends, guesses based on commentary during the conference call is that QTD... More