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Longbow Research Remains Sidelined on Sonic Corp (SONC) Following Pre-Announcement

June 11, 2018 7:49 AM EDT

Longbow Research reiterated a Neutral rating on Sonic Corp (NASDAQ: SONC) following the company's 3Q pre-announcement. Sonics systemwide sales were approximately flat.

In order to reflect higher same-store sales forecasts as well as the companys announcement last week regarding an accelerated share... More