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Fly News Breaks for August 5, 2015
CHUY
Aug 5, 2015 | 07:15 EDT
Wells Fargo raised its price target on Chuy's after the company reported much higher than expected Q2 EPS. The firm says that the EPS beat was driven by solid same store sales growth, favorable commodity inflation, and the company's labor efficiency efforts. The firm continues to view the stock as one of the more undervalued restaurant growth names. It keeps an Outperform rating.
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