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Fly News Breaks for April 4, 2019
STKS
Apr 4, 2019 | 08:24 EDT
Loop Capital analyst Lynne Collier initiated One Group Hospitality with a Buy rating and a price target of $4. The analyst says the company is in its early growth stage and features "top-tier unit economics", forecasting that the "strong base of management talent" will help to continue driving its same-store sales growth. Collier adds that One Group Hospitality offers "considerable white space for growth on a global basis", anticipating the stock to produce multiple expansion.
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