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Fly News Breaks for August 14, 2017
ZOES
Aug 14, 2017 | 08:13 EDT
Maxim analyst Stephen Anderson lowered his price target for Zoe's Kitchen to $20 ahead of the company's Q2 results on Thursday. The analyst lowered his 2017 earnings per share estimate to 2c from 3c to account for investments associated with marketing efforts, though he still expect comps to be positive in the second half of 2017. Anderson views Zoe's as a "solid long-term growth story" and reiterates a Buy rating on the shares.
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