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Fly News Breaks for June 24, 2016
SONC
Jun 24, 2016 | 07:14 EDT
Barclays analyst Jeffrey Bernstein remains cautious on current comp trends at Sonic as well as its continued lack of net unit growth. The analyst lowered his estimates and cut his price target on Sonic shares to $30 from $33 following the company's Q3 report and keeps an Underweight rating on the stock.
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