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We're buying weakness in a restaurant stock not getting credit for turnaround progress
It's taken a few quarters, but the turn has finally started.
14 words~1 min read
It's taken a few quarters, but the turn has finally started.
Get this delivered to your inbox, and more info about our products and services.

Shares have hit their lowest level since June, despite reporting a decent quarter last week.

We're adding back half the 80 shares we sold around $190 in May, and upgrading our rating to 1.

The market is cheering Friday, but we see limited upside from here.

The market hasn't come around to our bullish view on this stock just yet.

It has been a frustrating decline, but we still view this weakness in the stock as a long-term buying opportunity.

We're also downgrading the stock in conjunction with the sale.