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Fly News Breaks for February 27, 2015
DNKN
Feb 27, 2015 | 07:25 EDT
RBC Capital believes that Dunkin' Donuts' deal to sell K-cups in mass channels will increase its EPS by less than 1c in 2015 and by 4c-5c in 2016. The firm expects the company's biggest benefit from the deal to be an increase in its credibility as "a coffee authority," and it thinks the agreement will improve the company's performance in the U.S. markets which it is entering. RBC keeps a $50 price target and Outperform rating on the stock.
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