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Fly News Breaks for July 7, 2017
BWLD
Jul 7, 2017 | 08:12 EDT
Canaccord Genuity analyst Lynne Collier lowered her price target for Buffalo Wild Wings to $135 ahead the company's Q3 earnings report. The analyst decreased her estimates to reflect "stubbornly high" wing prices, promotional activity and her belief that casual dining same-store-sales and traffic have been "lackluster" in June. Concerns around wing costs and casual dining sales trends will likely keep shares range bound, Collier tells investors in a research note. She keeps a Hold rating on Buffalo Wild Wings.
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