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Fly News Breaks for January 24, 2017
DIN
Jan 24, 2017 | 05:36 EDT
Nomura analyst Mark Kalinowski downgraded DineEquity to Neutral given a slower pace of recovery for Applebee's same store sales that previously expected, weakening IHOP same store sales trends, and ongoing concerns about potential Applebee store closures. As a result, the analyst lowered his price target on DineEquity to $77 from $95.
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