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Fly News Breaks for June 12, 2015
BOBE
Jun 12, 2015 | 06:55 EDT
Miller Tabak upgraded Bob Evans to Buy and increased its price target to $57 from $50 following yesterday's announcement the Board of Directors has authorized the Company to pursue a strategic transaction for a select portion of its restaurant properties. The firm believes management is more willing to consider a spinoff of the BEF Foods division and potential refranchising.
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