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Fly News Breaks for October 10, 2018
GTIM
Oct 10, 2018 | 08:24 EDT
Maxim analyst Stephen Anderson kept his Buy rating and $7 price target on Good Times Restaurant, saying that while the company's Q4 comps of 0.7% were below his expected 1.2%, its trends were constructive as the impact of Hurricane Florence was not as bad as feared. The analyst narrows his expected Q4 EPS loss to (6c) from (8c) following the update, adding that shares still trade at an attractive valuation despite the run-up in the stock price since their February lows.
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