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Fly News Breaks for December 1, 2016
CBRL
Dec 1, 2016 | 08:16 EDT
As noted earlier, Argus upgraded Cracker Barrel to Buy from Hold. Analyst John Staszak is upbeat on the company's strategy of emphasizing both value meals and more expensive menu items, and he notes that its comp sales have risen for ten consecutive quarters. He adds that the company has multiple levers it can use to improve comp sales over the longer term. Target $190.
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