Monro upgraded to Buy at Goldman, seeing promising unit growth potential [Seeking Alpha]
Monro, Inc. (MNRO)
Last monro, inc. earnings: 1/30 07:30 am
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US:NASDAQ Investor Relations:
monro.com/corporate/corporate-investor-info
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Source: Seeking Alpha
Monro upgraded to Buy at Goldman, seeing promising unit growth potentialMonro Muffler (MNRO+6.2%) jumps to a 52-week high after Goldman Sachsupgrades shares to Buy from Neutral with a $71 price target, raised from $49, seeing an opportunity for the company to recapture same-store sales momentum.Driven by a new senior management team and favorable demographics, Goldman believes MNRO boasts a promising unit growth story and a chance to regain its same-store sales momentum over the next three years.Competition is fragmented, independent competitors face headwinds, and 75% of the company’s stores are in just 10 states, providing substantial growth opportunities, the firm says.See all stocks on the move »Now read:Consumer - Top Gainers / Losers as of 12:00 pm (7/13/2018) »Subscribefor full text news in your inbox
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MNRO
News
- SBD World's Strongest Man Announces 2024 Partners [Yahoo! Finance]Yahoo! Finance
- SBD World's Strongest Man Announces 2024 PartnersPR Newswire
- Monro, Inc. (NASDAQ:MNRO) Shares Could Be 35% Below Their Intrinsic Value Estimate [Yahoo! Finance]Yahoo! Finance
- Monro, Inc. to Participate at the UBS Global Consumer and Retail ConferenceBusiness Wire
- Monro, Inc. Appoints Jack Heisman as Vice President – Human Resources [Yahoo! Finance]Yahoo! Finance
MNRO
Earnings
- 1/24/24 - Miss
MNRO
Sec Filings
- 2/29/24 - Form 8-K
- 2/16/24 - Form 3
- 2/15/24 - Form 8-K
- MNRO's page on the SEC website