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Fly News Breaks for August 1, 2019
HABT
Aug 1, 2019 | 07:53 EDT
Wedbush analyst Nick Setyan lowered his price target for Habit Restaurants to $15 from $20 on a lower EBITDA estimate and lower peer valuations. The analyst reiterates an Outperform rating on the shares as he expects increased visibility into same-store sales growth and margin trends in 2019 ahead of current expectations to result in upward revisions to estimates and an upward revaluation in shares.
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