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Fly News Breaks for October 9, 2018
WING, DNKN
Oct 9, 2018 | 09:13 EDT
Barclays analyst Jeffrey Bernstein raised his price target for Overweight-rated Dunkin' Brands (DNKN) to $78 from $75 and for Equal Weight-rated Wingstop (WING) to $59 from $52. The analyst believes both companies are "closing the gap" in the restaurant industry themes of delivery, digital and loyalty. There are "clear early winners in this new world," led by Domino's and Starbucks (SBUX), but other aggressive adopters are closing the gap,Bernstein tells investors in a research note.
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