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Fly News Breaks for April 18, 2016
CHUY
Apr 18, 2016 | 08:02 EDT
Wells Fargo believes that the multiple of Chuy's stock has dropped due to "guilt by association" with other casual dining names. The firm thinks that the stock's valuation is attractive, given the company's mid-teen percentage EBITDA growth and multi-year market share gains and SSS outperformance. Additionally, Wells believes that the company's EPS beat expectations for a sixth straight quarter in Q1.
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