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Fly News Breaks for September 15, 2015
SONC
Sep 15, 2015 | 07:44 EDT
Oppenheimer believes that Sonic's valuation is attractive, while the company can beat EPS estimates through 2017. The firm says that the company's 2016 EPS guidance looks conservative, while fears about its comps are overdone. Oppenheimer keeps a $40 price target on the name and reiterates an Outperform rating.
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