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Fly News Breaks for May 11, 2015
TA
May 11, 2015 | 07:42 EDT
Brean Capital said the market overreaction to lower EBITDA during Q1 for TravelCenters has created a buying opportunity. The firm called the results a "blowout quarter," but noted the company warned that current fuel margins were unsustainable, leading to the selloff. Brean Capital reiterated its Buy rating and lowered its price target to $21 from $23 on TravelCenters.
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