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Fly News Breaks for April 24, 2015
FRGI
Apr 24, 2015 | 07:08 EDT
Wedbush removed Fiesta Restaurant Group from the Best Ideas List due to 72.3% shares appreciation since being added. The firm continues to rate shares an Outperform given solid comp trends but said 2016 expectations may be a difficult hurdle. Wedbush lowered its price target to $70 from $82 on lower comparable valuations and a lower assigned premium.
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