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Fly News Breaks for November 29, 2016
DNKN
Nov 29, 2016 | 07:33 EDT
Credit Suisse analyst Jason West said US franchisee checks indicted continued sales momentum thru Q4 driven by continued strength from Cold Brew, premium sandwiches, and easy comps. West said a shift towards higher quality products, which is more difficult for c-stores to replicate, is helping sales. The analyst raised his Q4 US same-store-sales estimate to +3% from +2.5% and raised Outperform rated Dunkin's price target to $57 from $53.
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