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Fly News Breaks for December 9, 2015
PNRA
Dec 9, 2015 | 07:45 EDT
Cowen calls Panera Bread a Best Idea for 2016, as they believe it is shaping up as a beat and raise year despite risk that heavy costs associated with the Panera 2.0 transformation plan could lead to soft guidance. Cowen reiterated its Outperform rating and $240 price target on Panera Bread shares.
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