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Fly News Breaks for May 10, 2016
FRGI
May 10, 2016 | 08:47 EDT
Sterne Agee CRT analyst Lynne Collier downgraded Fiesta Restaurant to Neutral following the company's Q1 report. The analyst said Pollo Tropical's entry into Texas has been mixed and will likely continue to be challenged given oil-related pressures, over supply, cannibalization, consumer softness, and an unfavorable promotional environment.
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