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Fly News Breaks for February 28, 2019
HABT
Feb 28, 2019 | 19:36 EDT
Stephens analyst Will Slabaugh kept his Equal Weight rating and $16 price target on Habit Restaurants after its Q4 results, saying the company's same store sales and earnings exceed expectations and were also helped by better than expected labor and COGS expenses. The analyst says he is positive on the top-line momentum for Habit Restaurants with its 3rd consecutive quarter of positive comps, but worries about the traffic trends after negative traffic print in 11 of the past 12 quarters.
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