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Fly News Breaks for March 23, 2016
KKD
Mar 23, 2016 | 08:45 EDT
After Krispy Kreme reported in-line Q4 EPS but lower than expected SSS, Wedbush thinks that the company can beat its fiscal 2017 guidance. The firm remains upbeat on the company's strategy of increasing its franchising. It trimmed its price target on the name to $21 from $22 but keeps an Outperform rating on the shares.
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