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Fly News Breaks for April 6, 2016
SONC
Apr 6, 2016 | 06:39 EDT
Piper Jaffray analyst Nicole Miller Regan says she's a buyer of Sonic with 20% upside potential the current share price. Channel checks indicate Sonic continues to benefit from ongoing investments in its menu, marketing and technology, Regan tells investors in a research note. She raised her price target for the shares to $42 from $37 and keeps an Overweight rating on the name.
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