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Fly News Breaks for November 6, 2018
FRGI
Nov 6, 2018 | 08:10 EDT
Wedbush analyst Nick Setyan lowered his price target for Fiesta Restaurant to $28 from $36 as Q3 same-store sales growth came well ahead of expectations, but margins disappointed. The analyst reiterates an Outperform rating on the shares and continues to expect same-store sales growth and margin outperformance relative to reset expectations.
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