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Fly News Breaks for June 22, 2016
PZZA
Jun 22, 2016 | 07:25 EDT
As previously reported, Nomura analyst Mark Kalinowsk downgraded Papa John's to Neutral from Buy citing slowing U.S. restaurant industry same-store-sales trends during Q2, increasing competition from Pizza Hut, and growing risks associated with driver accidents/insurance. The analyst maintained his $70 price target on Papa John's shares..
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