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Fly News Breaks for April 27, 2016
BWLD
Apr 27, 2016 | 08:57 EDT
After Buffalo Wild Wings reported lower than expected sales, Sterne Agee CRT believes that the weakness was partly caused by the company's "lack of strong value messaging." The firm cut its price target on the name to $155 from $180. However, it says that the brand is "not impaired," while the stock's valuation is "compelling," and it keeps a Buy rating on the shares.
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