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Fly News Breaks for August 2, 2018
CHEF
Aug 2, 2018 | 06:46 EDT
Loop Capital analyst Andrew Wolf kept his Buy rating and nudged his price target on Chefs' Warehouse to $31 from $29 after its Q2 earnings beat and a raise in FY18 guidance. The analyst states that the company remains in the "earlier stage of an accelerated profit growth period " amid strong volume gains and margin expansion as it leverages its infrastructure in the specialty and protein foodservice merchandising.
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