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Fly News Breaks for May 10, 2016
FRGI
May 10, 2016 | 06:49 EDT
As previously reported, Raymond James downgraded Fiesta Restaurant to Outperform from Strong Buy and lowered its price target to $37.50 from $45. Analyst Brian Vaccaro lowered estimates following disappointing Q1 results citing deteriorating near-term comp visibility but said long-term growth visibility should improve over the next several years.
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