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Fly News Breaks for December 30, 2019
DIN
Dec 30, 2019 | 08:45 EDT
CL King analyst Todd Brooks reinitiated coverage of Dine Brands with a Buy rating and $100 price target. He believes the IHOP brand remains strong and has a visible pipeline of unit growth while the the closure of underperforming Applebee's units and the refranchising of others has given the brand a more solid base to build upon.
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