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Fly News Breaks for September 19, 2017
BWLD
Sep 19, 2017 | 08:33 EDT
After viewing a presentation by Buffalo Wild Wings, MKM Partners analyst Stephen Anderson expects the company's comp sales to be "modestly positive" in Q4, and he expects the company's margins to rise on lower food costs. He thinks the company will boost shareholder returns, as it places " a focus on digitally enabled and off-premise sales." The analyst trimmed his price target to $145 from $160 and cut his estimates but says that the stock's valuation is "compelling" at current levels.
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