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Fly News Breaks for February 8, 2019
DNKN
Feb 8, 2019 | 08:04 EDT
BMO Capital analyst Andrew Strelzik lowered his price target on Dunkin' Brands to $75, saying its earnings beat was driven by favorable tax while the outlook for 2019 assumed slower U.S. unit growth. The analyst also keeps his Outperform rating on the shares and believes the company is "taking appropriate steps to re-position Dunkin U.S. brand for accelerated comp growth."
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