Wunderlich Reiterates on Sonic
January 07, 2014 at 08:27 AM EST
In a report published Tuesday, Wunderlich Securities analyst Robert Derrington reiterated a Buy rating on Sonic (NASDAQ: SONC ), raising its price target from $22.00 to $23.00. According to the report, last night after market close, SONC reported solid Q1F14 results including slightly better revenues and sys-SSS (2.2%), yielding