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Fly News Breaks for August 1, 2019
DNKN
Aug 1, 2019 | 18:36 EDT
Stephens analyst Will Slabaugh keeps his Equal-Weight rating and $75 price target on Dunkin' Brands, saying that while its Q2 marked a "modest comp beat" on lower cost of goods sold and 2-year comps blend showed a slight acceleration, he is concerned by the company's negative traffic trends. The analyst also believes that the current valuation suggests a "faster growing" Dunkin' Brands.
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