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Fly News Breaks for December 2, 2016
SONC
Dec 2, 2016 | 07:47 EDT
As previously reported, Longbow analyst Alton Stump downgraded Sonic to Neutral from Buy following the 13% rise in the stock since the election on November 8. While he remains positive on Sonic's long-term fundamentals, he is concerned about a continued slowdown in Sonic's same-store sales growth and awaits a material recovery in SSS.
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