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Fly News Breaks for June 12, 2017
BWLD
Jun 12, 2017 | 07:11 EDT
UBS analyst Dennis Geiger lowered his price target on Buffalo Wild Wings to $175 from $185 as weak same store sales weigh on its multiple. However, the analyst said the company's turnaround efforts and optionality offer upside for investors. Its strategic refranchising plans appear accretive to earnings and thus its share price, said Geiger, who reiterated his Buy rating on Buffalo Wild Wings shares.
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