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Fly News Breaks for June 5, 2015
DENN
Jun 5, 2015 | 09:31 EDT
As noted earlier, Wedbush upgraded Denny's to Outperform from Neutral. The firm thinks the company's remodeling, positive menu mix/pricing actions, and economic tailwinds will drive near-term and medium-term SSS. The firm adds that concerns about rising egg prices are overblown, and it added the stock to its Best Ideas List. Target to $14 from $11.
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