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Fly News Breaks for October 25, 2019
MNRO
Oct 25, 2019 | 07:57 EDT
SunTrust analyst Stephanie Benjamin lowered her price target on Monro to $75 and kept her Hold rating after its Q2 miss on earnings and revenues. The analyst notes that while the company is making positive progress on its multi-year "revenue transformational program", the latest quarter demonstrates that it is in the "middle innings" of this strategy and is also headed for tougher comps.
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