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Fly News Breaks for December 22, 2016
TXRH, CMG, PNRA
Dec 22, 2016 | 07:45 EDT
Panera Bread (PNRA), Chipotle (CMG), and Texas Roadhouse (TXRH) could benefit the most from new policies poised to be enacted in Washington, DC, according to RBC Capital analyst David Palmer. Specifically, restaurant demand is poised to rise about two percentage points as a result of tax reductions, and the companies' EPS is poised to rise as a result of corporate tax cuts, the analyst stated. He keeps Outperform ratings on Panera and Chipotle and, a Sector Perform rating on Texas Roadhouse.
News For PNRA;CMG;TXRH From the Last 2 Days
