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Fly News Breaks for January 12, 2016
MNRO
Jan 12, 2016 | 08:48 EDT
After Monro reported weaker than expected results, Sterne Agee CRT says the miss was caused by transitory weather trends. The firm continues to be upbeat on the company's outlook based on what it sees as strong industry trends, gross margin tailwinds and a strong M&A pipeline. It keeps a $77 price target and Buy rating.
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