Sonic (SONC) call put ratio 1 call to 1.73 puts into Q3

Go back to Sonic (SONC) call put ratio 1 call to 1.73 puts into Q3

Sonic (SONC) PT Lowered to $28 at BofA/Merrill Lynch Following 3Q

June 23, 2017 9:32 AM EDT

BofA/Merrill Lynch lowered its price target on Sonic (NASDAQ: SONC) to $28.00 (from $30.00) while maintaining a Underperform rating following the company's 3Q. Sonics 3Q earnings beat Street expectations with adjusted EPS of $0.43 ahead of $0.41 consensus. System same-store sales declined 1.2%.

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