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Enter Symbol:
Rating: SONC
Market Perform $36

Sonic Corp. (NASDAQ: SONC) reiterated to Market Perform with price target $36 by Telsey Advisory Group

Monday,  Mar 2, 2015  2:25 PM ET by Kristen Bailey

Telsey Advisory Group reiterated Sonic Corp. (NASDAQ: SONC) to Market Perform with price target $36 with today's
price of $33.37. Telsey Advisory Group rated Sonic Corp. (NASDAQ: SONC) to Market Perform with price target $30 on 01/07/2015, when the price was $31.03. Sonic Corp.'s stock price gained 8% since then.

Sonic Corp. operates and franchises one of the largest chain ofdrive-in restaurants in the United States. Sonic restaurants offermade-to-order hamburgers and other sandwiches and feature Sonic signatureitems, such as footlong coney cheese dogs, hand-battered onion rings, tatertots, specialty soft drinks, including cherry limeades and slushes, andfrozen desserts. At a typical Sonic restaurant, a customer drives into oneof 24 to 36 covered drive-in spaces, orders through an intercom, and has the food delivered by a carhop within an average of four minutes.

Telsey Advisory Group

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