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Fly News Breaks for August 23, 2016
ZOES
Aug 23, 2016 | 07:55 EDT
Credit Suisse analyst Jason West said Zoe's Kitchen reported in line Q2 earnings of 6c but missed same-store-sales and lowered guidance. The analyst lowered estimates and said valuation has further room to fall as investors lose faith in Zoe's growth model. West rates Zoe's an Underperform and lowered its price target to $30 from $32.
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