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Fly News Breaks for September 16, 2019
GRUB, TAST
Sep 16, 2019 | 07:54 EDT
Stephens analyst Will Slabaugh changed his "Best Idea in Restaurants" to Carrols Restaurant (TAST) from GrubHub (GRUB), noting that he sees clear catalysts for the former. Those include expectations for same-store sales improvement at Burger King, ramping profitability, and a bump from a very strong Popeye's business. He maintains an Overweight rating and $14 price target on Carrols shares.
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