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Fly News Breaks for November 1, 2019
LOCO
Nov 1, 2019 | 09:34 EDT
SunTrust analyst Jake Bartlett raised his price target on El Pollo Loco to $14 after its stronger than expected Q3 results, with 1.1% increase in comps for the quarter along with the 4.2% increase in September. The analyst adds that he is also encouraged by the recent trends around the impact of delivery, but remains on the sidelines until the sustainability of same-store-sales momentum is "more clear".
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