Information Provided By:
Fly News Breaks for July 13, 2018
MNRO
Jul 13, 2018 | 06:54 EDT
Goldman analyst Matthew Fassler upgraded Monro to Buy and raised his price target to $71 from $58 citing promising unit growth. Fassler said Monro continues to accumulate assets through M&A, recapturing same-store sales momentum, driven by improved execution under new senior management, and favorable automotive demographics. The analyst said the growth store opportunity remains substantial, and given its visibility and access to capital, remains a "roll-up" story, combined with a substantially improving existing base.
News For MNRO From the Last 2 Days
There are no results for your query MNRO