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Fly News Breaks for March 23, 2017
ZOES
Mar 23, 2017 | 06:33 EDT
Piper Jaffray analyst Nicole Miller Regan lowered her price target for Zoe's Kitchen to $16 saying that while the company has solid brand positioning, the stock remains relatively expensive. Her stock opinion "also reflects the current restaurant contraction cycle where lower multiples are a reality." The analyst keeps a Neutral rating on Zoe's.
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