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Fly News Breaks for April 7, 2017
CHEF
Apr 7, 2017 | 07:20 EDT
Canaccord analyst Lynne Collier initiated Chef's Warehouse with a Buy rating citing its position as a leading, premier distributor of specialty foods to top-tier independent restaurants in the U.S. and Canada. The analyst believes adjusted EBITDA growth will be accelerating in the next 2-3 years and sees greater leverage in the second half of 2017. Collier has an $18 price target on Chef's Warehouse shares.
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